Bunzl plc, the international distribution and outsourcing Group, today announces that the acquisition of Diversified Distribution Systems, LLC (DDS), that was announced on 1 March 2017, has been completed following clearance of the transaction by the Federal Trade Commission in the US.
DDS is a distributor of goods not-for-resale and value-added services to retailers and other general distribution customers, principally throughout North America but also in Europe, the Middle East and Asia. Based in Minneapolis and with four distribution centres in the US and several third party logistic arrangements internationally, the business supplies a wide range of packaging, consumables and operating store supplies through a variety of distribution and outsourcing programmes. Revenue in 2016 was US$312 million.
Enquiries:
Bunzl plc
Frank van Zanten, Chief Executive
Brian May, Finance Director
Tel: +44 (0)20 7725 5000
Tulchan
David Allchurch
Stephen Malthouse
Tel: +44 (0)20 7353 4200
Bunzl plc published this content on 24 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 May 2017 06:08:58 UTC.
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Bunzl plc specializes in the distribution of hygiene and safety packages, products, and materials. The group also offers packaging products, restaurant items (cutlery, glassware, kitchen utensils, etc.), cleaning products (soaps, detergents, toilet paper, custodial products, polishes, washing machines, etc.), and personal protection equipment (gloves, masks, clothing, etc.).
Net sales break down by sector into food services (29.8%), grocery stores (26.1%), safety (14.8%), retail (9.6%), hygiene and cleaning (9.3%), healthcare (7%), and other (3.4%).
Net sales are distributed geographically as follows: the United Kingdom and Ireland (12%), Continental Europe (18%), North America (61.2%) and other (8.8%).