Acquisition

Bunzl PLC 27 May 2002 27 May 2002 BUNZL EXPANDS ITS EUROPEAN OUTSOURCING SERVICES BUSINESS Bunzl plc, the international Group supplying business to business consumables, today announces that it has acquired Lockhart from Sodexho. Lockhart is the UK's leading supplier of catering equipment to the foodservice industry including hotels, caterers, restaurants, retailers and the licensed trade. It has a blue chip client base which is highly complementary to Bunzl's existing customers. Based in Theale near Reading, it had sales of £59 million in the year to 31 August 2001 and net assets at that time of £5.8 million. Anthony Habgood, Chairman of Bunzl plc, said: 'Lockhart is an excellent company which is the leading player in sourcing and distributing products used primarily for the preparation, storage and display of food. This is an acquisition which strengthens our one stop shop offering to customers in the UK and Ireland'. 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

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Bunzl (BNZL)
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