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Pin to quick picksBunzl Regulatory News (BNZL)

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2,602.00    0.00 (0.00%)
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Spread: 782.00 (39.10%)
Market Cap: £8.35b
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Acquisition

9 Mar 2020 07:00

RNS Number : 3377F
Bunzl PLC
09 March 2020
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9 March 2020

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BUNZL ACQUIRES SAFETY BUSINESS IN THE UK

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

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Bodyguard Workwear, which is based in Birmingham, is engaged in the distribution of safety workwear and other personal protection equipment, principally to end user customers operating in the rail sectors in the UK and Ireland. Revenue in 2019 was Β£8 million.

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

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"This is an important development for our UK safety operations. Bodyguard Workwear is a well known and respected brand and the business is focused on the rail industry which is expected to grow further over the coming years. The acquisition pipeline continues to be promising with a number of ongoing discussions taking place."

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Enquiries:

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Bunzl plc

Frank van Zanten, Chief Executive Officer

Richard Howes, Chief Financial Officer

Tel: +44 (0)20 7725 5000

Tulchan

David Allchurch

Martin Robinson

Tel: +44 (0)20 7353 4200

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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