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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bunzl Plc | LSE:BNZL | London | Ordinary Share | GB00B0744B38 | ORD 32 1/7P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10.00 | 0.32% | 3,184.00 | 3,192.00 | 3,194.00 | 3,198.00 | 3,178.00 | 3,178.00 | 326,923 | 16:35:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Business Services, Nec | 11.8B | 526.2M | 1.5570 | 20.50 | 10.79B |
From May 2019 to May 2024
TIDMBNZL
RNS Number : 7404P
Bunzl PLC
22 November 2016
22 November 2016
BUNZL MAKES FURTHER ACQUISITIONS IN FRANCE AND DENMARK
Bunzl plc, the international distribution and outsourcing Group, today announces that it has entered into agreements to acquire two further businesses in France and Denmark.
Prorisk and GM Equipement, which are based near Lyon and in Vannes respectively, are principally engaged in the sale of a variety of personal protection equipment and first aid related products to both end users and distributors throughout France. The aggregate revenue of the businesses in the year ended 31 December 2015 was EUR7 million. Completion of the acquisition is expected to take place by the end of January 2017.
Sæbe Compagniet, which is based near Copenhagen, is a distributor of cleaning & hygiene related products to a variety of end user customers, principally in the hotel, restaurant and catering sectors, in Denmark. Revenue in the year ended 30 April 2016 was DKK113 million (c.GBP13 million). Completion of the acquisition is subject to clearance of the transaction by the Danish competition authority.
Commenting on the acquisitions, Frank van Zanten, Chief Executive of Bunzl, said:
"The purchase of Prorisk and GM Equipement will add further scale to our safety business in France and increase the breadth of our product offering in this important market. The proposed acquisition of Sæbe Compagniet will complement our existing cleaning & hygiene operations in Denmark and extend and expand our business there. We look forward to welcoming the businesses and their employees to the Group."
Enquiries:
Bunzl plc Tulchan Frank van Zanten, Chief David Allchurch Executive Stephen Malthouse Brian May, Finance Director Tel: 020 7353 4200 Tel: 020 7725 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQBBBATMBJTBTF
(END) Dow Jones Newswires
November 22, 2016 02:00 ET (07:00 GMT)
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