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Pin to quick picksBunzl Regulatory News (BNZL)

Share Price Information for Bunzl (BNZL)

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2,520.00    56.00 (2.27%)
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2,518.00
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Spread: 4.00 (0.159%)
Market Cap: £8.09b
BNZL Live PriceLast checked at - London Stock Exchange

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Acquisition

25 Feb 2019 07:00

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: +44 (0)20 7725 5000

Tulchan

David Allchurch

Martin Robinson

Tel: +44 (0)20 7353 4200

 

 

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