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Announced

Completed

Bunzl completed the acquisition of Proin Pinilla and Arprosa.

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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Spain

Private

Personal Products

Single Bidder

Majority

personal protection equipment

Acquisition

Completed

consumer durables

Friendly

Cross Border

Synopsis

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Bunzl, a global distributor of nonfood consumables, completed the acquisition of Proin Pinilla, a provider of personal protection equipment, and Arprosa, a distributor of PPE. Financial terms were not disclosed. “I am pleased to announce two acquisitions today, with Proin Pinilla and Arprosa both broadening our safety offering in Spain and expanding our customer base. Year to date we have now completed eight acquisitions and with the strength of our cash generation continue to see significant opportunity to self-fund further acquisitions. Our pipeline remains active and discussions ongoing," Frank van Zanten, Bunzl CEO.

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