Bunzl Distribution, Inc., a supplier of disposable paper and plastic packaging to supplies to an array of businesses and industries, has acquired two companies in North America: Morgan Scott, Toronto, Ontario, a distributor of jan/san and foodservice disposable products in eastern Canada, and United American Sales Inc., a redistributor of personal protection equipment to industrial and construction markets. The two acquisitions combined had about $120 million in revenues in 2005. UASI, which has sold only to authorized distributors, has built marketing and logistics programs for its customers in Safety, Welding, Industrial, Construction, Rental, Hardware, Jan-San, and Electrical product areas.
Morgan Scott was purchased from two privately owned companies, Morgan Scott Inc., controlled by William O'Brien and Robert Giroux, and Morgan Scott (Kingston) Inc., controlled by Robert Tremblay. Based in Toronto, the company's revenues in 2005 were C$65.6 million (US$59.2 million), and the gross assets acquired are estimated to be C$19 million.
United American Sales, Inc. was purchased from a private company owned by Joseph Sodini and Timothy Homan. UASI is based in Ohio and has facilities in California, Nevada, Texas and Georgia. Revenue in 2005 was $57.7 million, and the gross assets acquired are estimated to be $15 million.
'Morgan Scott and UASI are great acquisitions for Bunzl,' says Patrick Larmon, president and CEO, Bunzl Distribution USA, Inc. 'I am excited about the opportunities Morgan Scott and its people will bring to our Canadian operation. UASI is also a solid addition to our operations and shows our commitment to building the redistribution business in other segments that fit with our long-term strategy.'
Bunzl Distribution, Inc., St. Louis, MO, is the U.S. headquarters and largest division of London-based Bunzl plc, an international distribution and outsourcing group. With more than 85 warehouses throughout the U.S., Canada and parts of Mexico and the Caribbean, Bunzl Distribution, Inc. is a supplier of disposable paper and plastic packaging supplies to an array of businesses and industries, including supermarket retailers, self-distributing chains and wholesalers, as well as food processors, restaurants, institutions, airline and industrial markets.