Bunzl PLC
02 December 2004
2 December 2004
BUNZL EXPANDS OUTSOURCING SERVICES IN NORTH AMERICA
Bunzl plc, the international distribution and outsourcing Group, today announces
that it has acquired TEMO, a redistribution business based in Maspeth, New York.
A private company, TEMO distributes foodservice and jan/san products in the
northeast United States and had sales of $28 million in the year ended 31
December 2003. Net assets at completion are estimated to be $2 million on a debt
free basis.
Commenting on the acquisition, Anthony Habgood, Chairman of Bunzl said:
'TEMO is a well established redistribution business based in New York which will
complement our position and make us stronger in the important northeast market.'
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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