Bunzl – Bunzl announces acquisitions in Spain, Brazil, The Netherlands and Canada

Bunzl

Bunzl plc, the specialist international distribution and services Group, today announces that it has acquired three businesses and signed an agreement to acquire a further business across a range of sectors in Spain, Brazil, the Netherlands and Canada.

 

 

In June, Bunzl acquired La Cartuja Complementos Hostelería, a distributor of foodservice and hospitality equipment in Spain. This business, which expands our product offering in these sectors, generated revenue of EUR 5 million (c.£4 million) in 2022.

In July, Bunzl signed an agreement to acquire Grupo Lanlimp, a market leading distributor of cleaning and hygiene products in Brazil. The business generated revenue of BRL 210 million (c.£33 million) in 2022 and strengthens our position in this fragmented market. Completion of the acquisition is subject to competition authority clearance.

In August, Bunzl acquired Groveko, a distributor of cleaning and hygiene products based in the Netherlands. The business generated EUR 23 million (c.£20 million) of revenue in 2022. As well as its traditional product offering, the business is the market leading provider of robotic and smart cleaning solutions in Benelux, developing our offering in this growing product category.

In August, Bunzl acquired PackPro, a provider of packaging solutions to a diverse customer base, including food processor and industrial customers in Canada. The business is complementary to our existing businesses and increases our geographic coverage for industrial customers in Canada. In 2022 the business generated revenue of CAD 33 million (c.£20 million).

Finally, further to the announcement on 30 May 2023, the Company also confirms that it has now completed the acquisition of Leal Equipamentos de Proteção, a specialised safety distributor in Brazil with a strong own brand portfolio and revenue of BRL 216 million (c.£34 million) in 2022.

Commenting on today’s announcement, Frank van Zanten, Chief Executive Officer of Bunzl, said:

“I am delighted to welcome these new acquisitions to the Bunzl family. It is very exciting to see the broad range of sectors and end markets represented. This truly demonstrates the great breadth of opportunities that we have around the world for continued acquisition growth through consolidation of our fragmented markets and geographic expansion. Our pipeline remains active and the strength of our balance sheet supports our ability to continue investing in the significant opportunities that we see.”

SourceBunzl

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More information on La Cartuja Complementos Hostelería: http://www.lacartujahosteleria.com/ + La Cartuja Suministros Hostelería offers you a specialized response to your needs.

In our new facilities, of more than 6,000 meters, located on the highway from Reus to Tarragona, very close to the A-7 motorway, you will find a large permanent exhibition space:

  • More than 10,000 different references
  • A specialized human team
  • Guaranteed technical advice
     

Maximum information in a minimum time to make a safe purchase. Competitive prices and the security of having a fast and agile service at a national and international level to solve any emergency.

La Cartuja is a distributor of foodservice and hospitality equipment that generated revenue of EUR 5 million (c.£4 million) in 2022.

 

More information on Grupo Lanlimp: https://www.lanlimp.com.br/ + We are much more than a simple distributor.

Small, medium and large companies rely on our services. There are more than 3,000 solutions that help more than 11,000 companies throughout Brazil, ensuring the well-being of each one as if it were unique.

Our story started 30 years ago when we identify a strong inventory reduction trend in companies in all segments

We built two strategic distribution centers. One in Queimados (RJ) and another in Guarulhos (SP), We set up our paper converting plant and We rely on the best technology to guarantee a first-class service.

All with a single objective: that our customers have the tranquility of knowing that they have the best strategic ally for the supply of hygiene, cleaning and disposable products.

Grupo Lanlimp, a market leading distributor of cleaning and hygiene products in Brazil. The business generated revenue of BRL 210 million (c.£33 million) in 2022.

 

More information on Groveko: https://www.groveko.nl/ + At Groveko, we understand that cleaning is a versatile profession that differs per sector and industry. That is why, as one reliable partner, we offer a complete solution for professional cleaning. With our in-depth knowledge of cleaning and a passion for the profession, we are ready to meet all your requirements and issues. At Groveko, we are not a traditional box pusher, but an expert partner who understands your cleaning needs. Discover how we can support you in all your cleaning challenges.

Groveko is a distributor of cleaning and hygiene products based in the Netherlands. The business generated EUR 23 million (c.£20 million) of revenue in 2022.

 

More information on PackPro: https://www.packproinc.com/ + With PACKPRO, you can be confident you have the best solutions to increase your packaging operations’ productivity. Our customers and suppliers across Canada have trusted PACKPRO’s packaging expertise and delivery performance for over 25 years.

With solid prior experience in the packaging industry under our belt, we established PACKPRO in 2000. It’s been our mission to help companies improve and maintain their packaging productivity ever since.

PackPro is a provider of packaging solutions to a diverse customer base, including food processor and industrial customers in Canada. In 2022 the business generated revenue of CAD 33 million (c.£20 million).

 

More information on Leal Equipamentos de Proteção: https://www.leal.com.br/ + 50 years ago (1966) LEAL was born, the result of the entrepreneurship of its founder, Mr. Raymond Levy. A history of dedication to the safety and health of workers began with the offer of high quality and high performance products, national and imported. Today, our professionals spare no effort in building better working conditions, not only by offering their products, but also always placing themselves alongside professionals and entities that seek the continuous improvement of safety and health at work in our country. .

With its factories, distribution centers and representatives in all Brazilian states, LEAL is recognized and valued for always being close to its customers. Its technicians and engineers act as partners with companies in overcoming challenges that result in greater safety for workers. This was one of the characteristics that led LEAL to be present in the most demanding markets: energy, telecommunications, oil and gas, civil construction, food production and other areas of industry.

To achieve this position, LEAL has always sought to overcome legal requirements, working together with its customers to develop the best technical and comfort solutions in order to guarantee the effectiveness of its products. To be LOYAL is to repay the trust of our customers in these 50 years to build an even longer and more promising future.

Leal Equipamentos de Proteção is a specialised safety distributor in Brazil with a strong own brand portfolio and revenue of BRL 216 million (c.£34 million) in 2022.