5th Jul 2006 07:01
Bunzl PLC05 July 2006 5 July 2006 BUNZL ACQUIRES HEALTHCARE CONSUMABLES DISTRIBUTION BUSINESS IN THE UK Bunzl plc, the international distribution and outsourcing Group, today announcesthat it has acquired Southern Syringe Services Limited and Universal HospitalSupplies Limited from John Denman and other members of his family. The business, which is based in North London, is involved in the sale anddistribution throughout the UK of healthcare related consumables to a variety ofend users including the NHS, private hospitals and nursing homes. Theconsolidated revenue in the year ended December 2005 was £182 million and thegross assets acquired are expected to be approximately £55 million. Commenting on the acquisition, Michael Roney, Chief Executive of Bunzl, said: "The acquisition of Southern Syringe significantly expands our position in thegrowing healthcare consumables market. This important step broadens our productoffering and customer base and gives us the opportunity to extend our businessin this sector." Enquiries: Bunzl plc FinsburyMichael Roney, Chief Executive Roland RuddBrian May, 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:
Bunzl