Global distributor Bunzl plc announced its sales for the year ended Dec. 31, 2007, were £3,581.9 million (US$7,061 million at current exchange rates), up 12% at constant exchange rates.
Bunzl had a successful 2007 due to organic growth and strong performance from acquisitions and we are excited about recent developments, especially the entry into the promising Brazilian market," said Chief Executive Michael Roney. "The continued strengthening of the Group gives us confidence that our business will continue to grow successfully."
Bunzl also announced it has completed three acquisitions. The company recently acquired Prot Cap Artigos para Proteção Industrial Ltda and its subsidiaries from Everaldo Baldin and Leonardo Baldin. Based in São Paulo with seven branches throughout Brazil, Prot Cap is a national supplier of personal protection equipment to the industrial, processor, construction, retail and mining sectors. Revenue in the year ended December 2007 was R$118 million (£35 million).
At the end of January, Bunzl acquired Günter Guest Supplies GmbH &Co KG from Dietmar Lillig. The business, based in Bremen, Germany, supplies guest amenity products to hotels throughout Europe and had revenue of €9 million in the year ended December 2007.
Finally, in December the company purchased Rafferty Hospitality Products Limited. Based in Newry, Northern Ireland, Rafferty supplies guest amenity products to hotels throughout Ireland. Revenue in the year ended October 2007 was £9 million.