Acquisition

Bunzl PLC 23 October 2001 23 October 2001 BUNZL EXPANDS OUTSOURCING SERVICES IN THE US Bunzl plc, the international Group supplying business to business consumables, today announces that it has further expanded its US Outsourcing Services business through the acquisition of Packers, a food processor supplies business. Packers, a long established supplier to the beef and pork processing industries, supplies customers in the US and also has small branches in Canada and the UK. It is based in Omaha, Nebraska and had sales in 2000 of $68 million. Net assets at completion are estimated to be $1.5 million. Commenting on the acquisition, Anthony Habgood, Chairman of Bunzl plc said: 'The acquisition of Packers builds further on our food processor supplies business in the US which we have been developing in recent years both organically and through acquisition. In particular it complements Koch Supplies which we bought in December 2000.' Enquiries: Bunzl plc Finsbury Anthony Habgood, Chairman Roland Rudd David Williams, Finance Director Morgan Bone Tel: 020 7495 4950 Tel: 020 7251 3801

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Bunzl (BNZL)
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