Bunzl PLC Acquisition

RNS Number : 8422P

Bunzl PLC

28 May 2024

 

28 May 2024

 

BUNZL ANNOUNCES COMPLETION OF THE ACQUISITION OF NISBETS

 

 

Bunzl plc, the specialist international distribution and services Group, today announces that, following clearance by the Irish Competition and Consumer Protection Commission, it has completed the acquisition of Nisbets, a leading omnichannel distributor of catering equipment and consumables based in the UK.

 

Commenting on today's announcement, Frank van Zanten, Chief Executive Officer of Bunzl, said:

"I am delighted that we have completed the acquisition of Nisbets, a high-quality business with an experienced and well-respected management team. Their digital expertise and market-leading range of own brand products, will further strengthen our position in the catering equipment sector. We welcome our new colleagues at Nisbets to the Bunzl family as we continue to focus on our consistent compounding strategy to grow both organically and through consolidation of our fragmented markets."

 

Enquiries:

Bunzl plc Frank van Zanten, Chief Executive Officer Richard Howes, Chief Financial Officer Tel: [phone]	Teneo Martin Robinson Olivia Peters Tel: [phone]

 

 

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