Bunzl completed the acquisition of Grupo R. Queralto.

Bunzl, a specialist international distribution and services group, completed the acquisition of Grupo R. Queralto, an online distributor of healthcare products. Financial terms were not disclosed. “I am pleased to announce the continuation of this long-standing customer partnership, with this collaboration highlighting the strength of our customer-focused proposition. I am also pleased to welcome Queralto to the Bunzl family, a business that is highly complementary to our healthcare business in Spain and further enhances our own brand portfolio. Overall, 2022 was another successful year for Bunzl’s compounding growth strategy, with agreements to acquire 12 businesses across a range of different sectors and countries, highlighting the breadth of our opportunity,” Frank van Zanten, Bunzl CEO.