• Bunzl acquires two further businesses

        • Bunzl plc, the international distribution and outsourcing Group, has announced the acquisition of two further businesses in the US and the UK, and the proposed sale of a business in France.

          Bunzl has acquired California based, Revco, that is engaged in the design, development and distribution of workplace safety and personal protection equipment to redistributors selling into a variety of end user markets, throughout the US.

          During December, the company also agreed to acquire the business of the Aggora Group which is principally engaged in the design, supply, installation and maintenance of commercial catering equipment for end user customers throughout the UK. The acquisition was completed in early January. Revenue in the year ended March 2017 was £27million.

          Frank van Zanten, Chief Executive of Bunzl said, “the acquisition of Revco represents a further development of our safety business in the US with the business in particular complementing and strengthening our existing presence in the welding and industrial supplies market. The purchase of Aggora Group has extended our catering equipment business in the UK.”

          Also in December, Bunzl received a binding offer relating to the proposed sale of OPM in France. OPM was originally acquired as part of Groupe Pierre Le Goff which was purchased in 2004. It is a non-core business which has most recently focused on the distribution and sale of SodaStream products to retailers throughout France and the Company has decided that it is now an appropriate time to sell the business. Completion of the transaction is subject to the conclusion of a consultation process with OPM’s works council and the subsequent entering into of a sale and purchase agreement. Subject thereto, the transaction is expected to complete in the first quarter of 2018.

          On 23rd November 2017, Bunzl announced that it was to acquire Talge. The company has now confirmed that this has been completed, following clearance of the transaction by the Brazilian competition authority.

        • Stay up to date - Click here and register for FREE Channel Info online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the Channel Info app

        • Related Articles

        • Midwich Group Plc provides trading update

          Midwich Group Plc provides trading update

          Friday 20th Jul 2018
          Midwich has provided a trading update for the six months ended 30th June 2018. The Group has traded well in the first half, with good top line growth delivered across all of its geographies on a constant currency basis. Overall gross margins ha...Read More...
          Franken appoints new viscoms expert

          Franken appoints new viscoms expert

          Tuesday 17th Jul 2018
          Visual communications brand, Franken, has appointed a new Head of Business Development to spearhead a push in the UK and Ireland. Alun Thomas has worked in the visual communications industry previously and joins Franken to develop new business relat...Read More...
          Westcoast offers HPE GreenLake Flex Capacity to resellers

          Westcoast offers HPE GreenLake Flex Capacity to resellers

          Monday 16th Jul 2018
          Following on from last month’s announcement that HPE would be making HPE GreenLake Flex Capacity available to the channel, Westcoast is ready to help resellers maximise the opportunities offered. HPE GreenLake is the brand name HPE gives to it...Read More...
                • About Us

                  Channel Info is the leading source of business news and information for the office dealer and reseller market. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, supplements, website, digital editions, apps, newsletters and bespoke communications with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the team behind Channel Info has over 60 years experience collectively in the office products, furniture, equipment and technology markets Channel Info continues to develop and adapt in order to meet the changing information needs of its readers.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue