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RNS Number : 6827G Bunzl PLC 30 April 2025
30 April 2025
BUNZL ANNOUNCES ACQUISITIONS IN CHILE AND THE NETHERLANDS
Bunzl plc, the specialist international distribution and services Group, today
announces that it has signed an agreement to acquire a business in Chile and
has completed the acquisition of a business in the Netherlands.
Bunzl has entered into an agreement to acquire Hospitalia, one of the largest
healthcare distributors in Chile. The business distributes a wide range of
products, including those used in a surgical setting, to both public and
private hospitals. This represents our entry into the healthcare sector in
Chile, with the business generating revenue of CLP 25 billion (c.£21 million)
in 2024. Completion of the acquisition is subject to competition authority
clearance, which is expected in the next few months.
Bunzl has also completed the acquisition of Inpakomed, a Dutch business
specialising in sterile product packaging solutions for use in the medical and
forensic markets. The business is highly complementary to our existing
business in the Netherlands and in 2024 generated revenue of EUR 3 million
(c.£2 million).
Commenting on today's announcement, Frank van Zanten, Chief Executive Officer
of Bunzl, said:
"Bunzl is a highly cash generative business which allows us to prioritise
investment in self-funded value-accretive acquisitions to drive growth, and
our pipeline remains active. I am pleased to welcome the team from Hospitalia
to Bunzl, with the acquisition marking our expansion into the attractive
Chilean healthcare market, as well as the team from Inpakomed, who will expand
our product and service offering to customers in the Netherlands."
Enquiries:
Bunzl plc Teneo
Frank van Zanten, Chief Executive Officer Martin Robinson
Richard Howes, Chief Financial Officer Giles Kernick
Sunita Entwisle, Head of Investor Relations and Communications Tel: +44 (0)20 7353 4200
Tel: +44 (0)20 7725 5000
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