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Bunzl plc, the international distribution and outsourcing group, has made an offer to acquire Hedis, which trades through a number of subsidiaries across France. Terms were not disclosed.
Hedis sells and distributes cleaning and hygiene products in the public, health care, foodservice and cleaning sectors, as well as to some redistributors. Two of its businesses, Comptoir de Bretagne and Générale Collectivités, distribute light catering equipment and tableware.
In 2016, aggregate sales for the businesses to be acquired was €155 million (US$180.5 million), of which €131 million (US$152.5 million) is from Hedis and €24 million (US$27.9 million) is from Comptoir de Bretagne and Générale Collectivités.
Bunzl also has acquired Pixel Inspiration, a marketing services business in the UK that specializes in the digital signage sector. Terms were not disclosed. Pixel's revenue in 2016 was £7 million (US$9.1 million).