Bunzl PLC
17 October 2005
17 October 2005
BUNZL MAKES FURTHER ACQUISITION IN THE US
Bunzl plc, the international distribution and outsourcing Group, today announces
that it has acquired the grocery and food processor distribution business of
Weiss Brothers Paper Company from a privately owned company controlled by
Richard Check.
The business, based in West Point, Pennsylvania, is principally engaged in the
supply of goods not for resale to supermarkets and also distributes items to
food processors. The business had revenues of $42 million in the year ended
31 December 2004. Gross assets acquired are estimated to be $1.3 million.
Commenting on the acquisition, Anthony Habgood, Chairman of Bunzl, said:
'Weiss Brothers is the sixth acquisition we have announced since the half year
and again demonstrates our ability to expand our business through continuing
acquisition activity. It will strengthen our operations in our traditional
grocery market as well as add further to our food processor business in the US.'
Enquiries:
Bunzl plc Finsbury
Anthony Habgood, Chairman Roland Rudd
David Williams, Finance Director Morgan Bone
Tel: 020 7495 4950 Tel: 020 7251 3801
This information is provided by RNS
The company news service from the London Stock Exchange
MIA
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