Announced
Financials
Sources
Tags
Clothing and Accessories
Pending
Private
workwear
Single Bidder
Majority
Germany
Cross Border
Friendly
personal protective equipment
Acquisition
Synopsis
Bunzl, the specialist international distribution and services group, agreed to acquire Arbeitsschutz-Express, a fast-growing online distributor of workwear and PPE in Germany. Financial terms were not disclosed. The acquisition further enhances Bunzl's presence in Germany, following our acquisition of hygi.de in July 2022, which provided Bunzl with a strong platform to expand from within this high potential market.
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