17th Oct 2005 08:35
Bunzl PLC17 October 2005 17 October 2005 BUNZL MAKES FURTHER ACQUISITION IN THE US Bunzl plc, the international distribution and outsourcing Group, today announcesthat it has acquired the grocery and food processor distribution business ofWeiss Brothers Paper Company from a privately owned company controlled byRichard Check. The business, based in West Point, Pennsylvania, is principally engaged in thesupply of goods not for resale to supermarkets and also distributes items tofood processors. The business had revenues of $42 million in the year ended 31 December 2004. Gross assets acquired are estimated to be $1.3 million. Commenting on the acquisition, Anthony Habgood, Chairman of Bunzl, said: "Weiss Brothers is the sixth acquisition we have announced since the half yearand again demonstrates our ability to expand our business through continuingacquisition activity. It will strengthen our operations in our traditionalgrocery market as well as add further to our food processor business in the US." Enquiries: Bunzl plc Finsbury Anthony Habgood, Chairman Roland RuddDavid Williams, Finance Director Morgan BoneTel: 020 7495 4950 Tel: 020 7251 3801 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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