Bunzl plc (LSE:BNZL) acquired Hydropac Limited in November 4, 2021. In a related transaction, Bunzl acquired Workwear Express at the end of October, 2021. For the year 2020, Hydropac reported revenue of £7 million.
Bunzl plc (LSE:BNZL) completed the acquisition of Hydropac Limited in November 4, 2021.
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%).