Announced
Completed
Financials
Sources
Tags
Turkey
Completed
Private
Friendly
Containers and Packaging
manufacturing
Domestic
Acquisition
Single Bidder
Majority
Synopsis
Bunzl, the international distribution and outsourcing group, completed the acquisition of Bursa Pazari, a vendor of a variety of packaging and other foodservice supplies and disposable gloves to wholesalers, retailers and hospitals throughout Turkey. Financial terms were not disclosed. “Dental Sorria has further enhanced our product offering in the healthcare sector in Brazil while Earthwise Bag has broadened our product range and complements our business serving the grocery and retail sectors in the US. The proposed acquisition of Bursa Pazari is also an important development for Bunzl as it will extend our operations in Turkey, being a market that we entered for the first time in May 2015, into the foodservice and healthcare sectors,” Michael Roney, Bunzl Chief Executive.
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