Bunzl buys New Zealand's Obex Medical
Bunzl
3,088.00p
16:35 24/04/24
1.11%
34.00p
Distribution and services group Bunzl said it was buying New Zealand’s Obex Medical for an undisclosed sum.
FTSE 100
8,040.38
16:34 24/04/24
n/a
n/a
FTSE 350
4,419.71
17:09 24/04/24
n/a
n/a
FTSE All-Share
4,374.06
16:44 24/04/24
n/a
n/a
General Industrials
6,868.73
17:09 24/04/24
-0.12%
-8.55
Obex is a medical distribution business serving hospitals and other healthcare providers. The company generated revenue of NZ$51m (£27m) in 2020.
Completion of the Bunzl’s fourth acquisition of the year was expected to take place at the beginning of June, Bunzl said on Tuesday.