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In The News:

Bunzl Buys MMH Holding AG

International distribution and outsourcing group Bunzl plc has acquired MMH Holding AG, Zurich, Switzerland, which trades under the name Distrimondo.

The acquired company is a distributor of foodservice disposables and cleaning and hygiene products in Switzerland. Revenue in the year ended Dec. 31, 2011, was CHF17.3 million (US$17.7 million) and the gross assets acquired are estimated at CHF16 million (US$16.3 million).

“The acquisition of Distrimondo extends our operations in Switzerland which is a key market that we entered in 2010 with the purchase of Weita,” said Michael Roney, chief executive of Bunzl.

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