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The company has acquired Ideal Global Sistemas de Higiene Ltda, based in São Paulo, Brazil. Ideal is a supplier of cleaning and hygiene consumable products to facilities management companies, contract cleaners and other customers in the industrial, healthcare and education sectors. Revenue in the year ended Dec. 31, 2010, was R$41.9 million (US$22.7 million).
Bunzl also acquired D-Care BV, Houten, Netherlands, a distributor of medical disposable products to hospitals and other health care customers throughout the Netherlands. Revenue in the year ended Dec. 31, 2010, was €4.7 million (US$6.3 million).
In addition, the company completed the acquisition of Majestic Products BV and its associated companies following clearance of the transaction by the competition authority in the Netherlands.
"The acquisition of Ideal is our third acquisition in the Brazilian market, which we entered in 2008 through the acquisition of Prot Cap, and is an important step for Bunzl as it expands our business there into the cleaning and hygiene sector for the first time," said Michael Roney, chief executive of Bunzl. "I am also delighted that we have been able to strengthen our healthcare business in the Netherlands through the purchase of D-Care and that we have now completed the acquisition of Majestic Products which was announced at the end of August."
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