Acquisitions

Bunzl PLC 05 October 2004 5th October 2004 BUNZL EXPANDS OUTSOURCING SERVICES Bunzl plc, the international distribution and outsourcing Group, today announces that it has acquired the disposable consumables and packaging distribution business of Cospak in Australia. The business, which is principally based in Newcastle, New South Wales and Perth, distributes a variety of products to the foodservice, cleaning & hygiene and industrial packaging sectors and had sales of A$35 million in the year ended 30 June 2004. Net assets acquired at completion are estimated to be A$4.9 million. Further to the announcement made on 31 August 2004, Bunzl also announces that it has completed the acquisition of TSN in the US. Commenting on these acquisitions, Anthony Habgood, Chairman of Bunzl said: 'I am delighted to announce the purchase of Cospak's distribution business and the completion of the acquisition of TSN. Cospak's business complements our existing successful Australian business and deepens our penetration there. TSN is an excellent business which significantly expands our presence in the growing convenience store sector in North America.' 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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