Acquisition

RNS Number : 9168Q

Bunzl PLC

25 February 2019

 

25 February 2019

BUNZL EXPANDS IN SAFETY SECTOR IN THE US

Bunzl plc, the specialist international distribution and services Group, today announces that it has acquired a further safety business in the US.

Liberty Glove & Safety, which is based in California and operates from four locations, is engaged in the sale of a full range of personal protection equipment, principally gloves, to distributors throughout the US.  The majority of products supplied are own label brands.  Revenue in 2018 was US$93 million.

Commenting on the acquisition, Frank van Zanten, Chief Executive of Bunzl, said:

"The purchase of Liberty Glove & Safety will further expand and develop our operations serving the safety sector in North America.  The business has a number of strong own brands which will enhance our own label offering.  We are delighted to welcome their employees to Bunzl."

Enquiries:

Bunzl plc Frank van Zanten, Chief Executive Brian May, Finance Director Tel: [phone]

Tulchan David Allchurch Martin Robinson Tel: [phone]

 

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