The 2020 Mid-Year Economic Update_long

Bunzl to Make 4 Acquisitions

Company agreed to acquire businesses in the U.S., Colombia, Canada and France.

Bunzl plc, the international distribution and outsourcing group, has agreed to acquire four businesses in the U.S., Colombia, Canada and France.

Bunzl has agreed to acquire Memphis, TN-based International Sourcing Company Inc., which trades as Cordova Safety Products. Cordova Safety Products, with fiscal 2014 sales of $81 million, sells personal protection equipment, principally gloves.

Bunzl has also agreed to acquire Importadores Exportadores Solmaq SAS, Bogota, Colombia, a supplier of personal protection equipment and other welding and industrial consumables with 2014 sales of COP54.8 billion (US$21.5 million).

Bunzl has acquired GF Inc., Calgary, Canada, a distributor of industrial packaging, warehouse supplies and equipment with 2014 sales of C$81.4 million (US$66 million).

Bunzl has also acquired Ligne T SAS, Montauban, France, a distributor of personal protection equipment, principally workwear, with fiscal 2014 sales of €5.7 million (US$6.4 million).

Including these four acquisitions, Bunzl has acquired or agreed to acquire 10 businesses so far in 2015.

Bunzl also reported that group revenue for the six months ending June 30 is expected to increase 6 percent compared to the previous year, primarily due to growth at constant exchange rates of approximately 5 percent reflecting organic revenue growth of 1 percent.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.