The 2020 Mid-Year Economic Update_long

Bunzl Closes on Three Acquisitions

Bunzl closes on additions of Deliver Net, Disposable Discounter and Pinnacle.
Bunzl

Bunzl PLC on Monday announced that it has completed three recent acquisitions.

In January the company acquired Deliver Net, a health care distributor to care home groups in the UK, with 2020 revenue of £20 million (US$27.8 million).

In February, the company completed the acquisition of Disposable Discounter, an online distributor of foodservice disposable products, with 2020 revenue of £18 million (US$25.1 million).

Also in February, Bunzl completed the acquisition of Pinnacle, a distributor of cleaning and hygiene in Saskatchewan, Canada, with 2020 revenue of £11 million (US$15.3 million).

“All three businesses demonstrate our continued focus on growing Bunzl through the acquisition of high-quality businesses,” said Frank van Zanten, CEO of Bunzl. “Further, these acquisitions demonstrate Bunzl’s continued acquisition momentum, with our pipeline remaining active and discussions ongoing.”

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