Bunzl strengthens position in Europe with multiple acquisitions

24th Feb 2014 07:00

Bunzl, the FTSE 100 distribution and outsourcing giant, has acquired businesses in Germany and the Czech Republic. The group purchased German firm Bäumer GmbH and its related company Protemo GmbH, which are focused on the distribution of cleaning and hygiene and healthcare supplies to end users in various market sectors. Specifically, Protemo sells healthcare related products to the healthcare sector. The total revenue of both businesses in 2013 was €11.9m.In the Czech Republic the company bought Prague-based Oskar Plast, which sells a variety of disposable packaging products to customers throughout the country. Michael Roney, Chief Executive of Bunzl, said: "The acquisition of Bäumer and Protemo represents our first step into the cleaning and hygiene and healthcare sectors in Germany and should provide a good base for us to develop further in these markets. "Oskar Plast is an important addition to our existing operations in the Czech Republic and will strengthen our presence there. We are pleased to welcome all of their employees to the group."NR