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Bunzl makes acquisitions in Brazil and the Netherlands
Bunzl, the international distribution and outsourcing Group, announced yesterday that it has made two further acquisitions; this time in Brazil and the Netherlands.
Based in Minas Gerais, Brazil, JPlus Comércio e Distribuição is engaged in the distribution of cleaning and hygiene supplies and disposable products to a variety of end user customers, particularly in the contract cleaning and healthcare sectors. Revenue in the year ended 31st December 2013 was R$39.3 million (c.£11 million).
Allshoes Benelux BV, based in Alkmaar, the Netherlands, is a distributor of both branded and own brand safety and work shoes to a variety of wholesalers as well as to retailers, principally in the Netherlands but also in Belgium. Revenue in the year ended 31st December 2013 was €19.9 million.
"JPlus will expand the geographical coverage of our cleaning and hygiene supplies business in Brazil, having entered this sector there with the acquisition of Ideal in 2011," said Michael Roney, Chief Executive of Bunzl.
"The acquisition of Allshoes is an important development for our safety business in the Netherlands as it extends our product range in the safety shoe sector and will provide cross selling opportunities with Majestic, our existing personal protection equipment business in the Benelux region which specialises in the supply of gloves and workwear.
"We are delighted to welcome the employees of both businesses to Bunzl."
T: 0207 725 5000
26th June 2014