Bunzl to acquire Arbeitsschutz-Express.

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.