REG - Bunzl PLC - Acquisition

BunzlAnnouncement

28/05/2024 07:00

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RNS Number : 8422P  Bunzl PLC  28 May 2024

28 May 2024

 

BUNZL ANNOUNCES COMPLETION OF THE ACQUISITION OF NISBETS

 

 

Bunzl plc, the specialist international distribution and services Group, today
announces that, following clearance by the Irish Competition and Consumer
Protection Commission, it has completed the acquisition of Nisbets, a leading
omnichannel distributor of catering equipment and consumables based in the UK.

 

Commenting on today's announcement, Frank van Zanten, Chief Executive Officer
of Bunzl, said:

"I am delighted that we have completed the acquisition of Nisbets, a
high-quality business with an experienced and well-respected management team.
Their digital expertise and market-leading range of own brand products, will
further strengthen our position in the catering equipment sector. We welcome
our new colleagues at Nisbets to the Bunzl family as we continue to focus on
our consistent compounding strategy to grow both organically and through
consolidation of our fragmented markets."

 

Enquiries:

 Bunzl plc                                   Teneo

 Frank van Zanten, Chief Executive Officer   Martin Robinson

 Richard Howes, Chief Financial Officer      Olivia Peters

 Tel: +44 (0)20 7725 5000                    Tel: +44 (0)20 7353 4200

 

 

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