Bunzl completed the acquisition of Toomac.

Bunzl, a British multinational distribution and outsourcing company, completed the acquisition of Toomac, a medical supplies distributor. Financial terms were not disclosed. “Today’s announcement reflects Bunzl’s commitment to optimal capital allocation across the Group. The announced acquisitions are highly complementary, expand our product offering in each country, and all achieve double digit margins, with their profits offsetting the expected profit contribution from the announced disposal. I would like to offer a warm welcome to all the teams from the newly acquired businesses to the Bunzl family," Frank van Zanten, Bunzl CEO.