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New Deal


Announced

Completed

Bunzl completed the acquisition of Deliver Net, Disposable Discounter and Pinnacle.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Facilities

Acquisition

Friendly

Miscellaneous Consumer Staple Goods

Private

United Kingdom

hygiene solutions

foodservice disposable products

Completed

Netherlands

Canada

Textile Rental / Washroom Services

Cross Border

Majority

care homes

Single Bidder

Synopsis

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Bunzl, the specialist international distribution and services firm, completed the acquisition of Deliver Net, a healthcare distributor to care home groups in the UK, Disposable Discounter, an online distributor of foodservice disposable products to a highly fragmented customer base, and Pinnacle, a distributor of cleaning and hygiene in Saskatchewan, Canada. Financial terms were not disclosed. "I am pleased to welcome Deliver Net, Disposable Discounter and Pinnacle into the Bunzl family. All three businesses demonstrate our continued focus on growing Bunzl through the acquisition of high quality businesses. Further, these acquisitions demonstrate Bunzl's continued acquisition momentum, with our pipeline remaining active and discussions ongoing," Frank van Zanten, Bunzl, CEO.

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