6th Apr 2006 09:01
Bunzl PLC06 April 2006 6 April 2006 BUNZL EXPANDS IN AUSTRALIA AND FRANCE Bunzl plc, the international distribution and outsourcing Group, today announcesthat it has acquired Allcare Disposable Products Pty Limited from Stewart Smith,Carolyn Smith and Simone Hartin on behalf of themselves and the beneficiaries ofthe Smith family trust including Maurice Smith. Allcare is principally engaged in the distribution of personal protectionequipment and disposable products to food processors in Australia. Based inMelbourne, Victoria with a location in Queensland, the business had revenue ofA$23.0 million in the year ended June 2005. Gross assets acquired are estimatedto be A$9.3 million. Bunzl also announces the acquisition of Picardie Hygiene SA from ArnaudProuvost. The business, which is based in Amiens and had revenue of €9.9 millionin 2005, distributes cleaning and hygiene products in Northeast France. Grossassets acquired are estimated to be €2.8 million. Commenting on the acquisitions, Michael Roney, Chief Executive of Bunzl, said: "The acquisition of Allcare increases our presence in the food processor sectorin Australia and complements our existing disposables distribution business.Picardie will add further to the cleaning and hygiene business of Groupe PierreLe Goff, strengthening our position in Northeast France." Enquiries: Bunzl plc Finsbury Michael 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:
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