Bunzl acquisition spree continues with two new deals
Bunzl
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Specialist international distribution and services group Bunzl said it made two further acquisitions, taking the number of deals for the year to 13.
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The company said it had bought personalised workwear and promotional clothing firm Workwear Express, based in Durham and Hydropac, a distributor of insulated packaging solutions based in Buckinghamshire.
No financial details were disclosed.
Workwear Express has a strong e-commerce focus, Bunzl said, adding that it generated £29m in revenue in the year to March.
Hydropac, which focuses on the online food delivery market, is complementary to Bunzl's Coolpack business in the Netherlands, and made revenue of £7m in 2020.