M&A Activity • Feb 25, 2019
M&A Activity
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National Storage Mechanism | Additional information
RNS Number : 9168Q
Bunzl PLC
25 February 2019
25 February 2019
Bunzl plc, the specialist international distribution and services Group, today announces that it has acquired a further safety business in the US.
Liberty Glove & Safety, which is based in California and operates from four locations, is engaged in the sale of a full range of personal protection equipment, principally gloves, to distributors throughout the US. The majority of products supplied are own label brands. Revenue in 2018 was US$93 million.
Commenting on the acquisition, Frank van Zanten, Chief Executive of Bunzl, said:
"The purchase of Liberty Glove & Safety will further expand and develop our operations serving the safety sector in North America. The business has a number of strong own brands which will enhance our own label offering. We are delighted to welcome their employees to Bunzl."
Enquiries:
| Bunzl plc Frank van Zanten, Chief Executive Brian May, Finance Director Tel: +44 (0)20 7725 5000 |
Tulchan David Allchurch Martin Robinson Tel: +44 (0)20 7353 4200 |
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