Bunzl sees H1 revenue down 3-4% -2-
Buys 2 more companies (Il Sole 24 Ore Radiocor) - London, 27 Jun - In April, Bunzl signed an agreement to acquire RCL Implantes, a Brazilian distributor specialising in surgical and medical devices. The business generated revenue of 112 million real (18 million pounds) in 2023.
In June, Bunzl completed the acquisition of Clean Spot, a distributor of cleaning and hygiene products and equipment in Canada. In 2023 the business generated revenue of 7 million Canadian dollars (4 million pounds).
Frank van Zanten, chief executive officer of Bunzl, said that he was pleased "to welcome two more businesses to the Bunzl family, taking our total committed spend on acquisitions to around 600 million pounds so far this year. After an excellent start to the year for acquisitions, we maintain a strong balance sheet, providing us with significant optionality to continue to self-fund value-accretive acquisitions and our pipeline remains active.".
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(RADIOCOR) 27-06-24 09:01:59 (0171) 5 NNNN