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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% | 3,158.00 | 3,158.00 | 3,162.00 | 3,168.00 | 3,154.00 | 3,158.00 | 897,077 | 16:35:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 11.8B | 526.2M | 1.5570 | 20.30 | 10.68B |
TIDMBNZL
RNS Number : 0585P
Bunzl PLC
29 August 2017
29 August 2017
BUNZL MAKES ACQUISITION IN CHINA
Bunzl plc, the international distribution and outsourcing Group, today announces that it has completed an acquisition in China.
Based in Shanghai with operations in four other provinces in eastern China, HSESF and its associated companies are principally engaged in the sale of a variety of personal protection equipment to local distributors and end users but also export products to customers overseas. The aggregate revenue of the businesses acquired was GBP24 million in 2016.
Commenting on the acquisition, Frank van Zanten, Chief Executive of Bunzl said:
"I am delighted to be able to announce the purchase of HSESF, our first acquisition in China, and am pleased to welcome their employees to the Group. HSESF, together with LSH, the personal protection equipment distribution business in Singapore that we acquired earlier in the year, have enabled us to establish a presence in the safety sector in the region".
Enquiries:
Bunzl plc Tulchan Frank van Zanten, Chief Martin Robinson Executive Jessica Reid Brian May, Finance Director Tel: +44 (0)20 7353 4200 Tel: +44 (0)20 7725 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQPAMITMBTTBPR
(END) Dow Jones Newswires
August 29, 2017 02:01 ET (06:01 GMT)
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