Bunzl plc, the specialist international distribution and services Group, today announces that it has acquired a further safety business in the US.
Liberty Glove & Safety, which is based in California and operates from four locations, is engaged in the sale of a full range of personal protection equipment, principally gloves, to distributors throughout the US. The majority of products supplied are own label brands. Revenue in 2018 was US$93 million.
Commenting on the acquisition, Frank van Zanten, Chief Executive of Bunzl, said:
'The purchase of Liberty Glove & Safety will further expand and develop our operations serving the safety sector in North America. The business has a number of strong own brands which will enhance our own label offering. We are delighted to welcome their employees to Bunzl.'
Enquiries:
Bunzl plc
Tulchan
Frank van Zanten, Chief Executive
David Allchurch
Brian May, Finance Director
Martin Robinson
Tel: +44 (0)20 7725 5000
Tel: +44 (0)20 7353 4200
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Bunzl plc published this content on 25 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 February 2019 07:11:08 UTC
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%).