Redistributor Bunzl plc has acquired three businesses that form part of the Industrial & Safety division of Jeminex Limited in Australia.
Based in Sydney, the businesses acquired operate throughout Australia and focus on three specialist markets.
The workwear and personal safety business distributes specialist personal protection equipment, industrial clothing and workwear to the mining, resources, construction and general industrial sectors.
The lifting, rigging and height safety business is engaged in the supply of lifting chains and ropes, slings and fittings and rigging accessories and transport and load restraints, as well as accredited testing and repair services.
The third business is involved in the supply of industrial packaging products.
Revenue of the businesses acquired in the year ended Dec. 31, 2013, is expected to be A$160 million (US$164 million).
"The acquisition of the Jeminex businesses significantly increases the size of our business in Australasia and extends our operations there into the safety market which is a successful sector for us in many countries,” said Chief Executive Michael Roney. “It also provides us with the opportunity to sell our extensive product range to Jeminex’s existing customer base. We are delighted to welcome the employees of each of the businesses to Bunzl.”