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Announced

Completed

Bunzl completed the acquisition of Capital Paper.

Synopsis

Bunzl, the specialist international distribution and services group, completed the acquisition of Capital Paper, a distributor of foodservice packaging and consumables, cleaning & hygiene supplies, and industrial packaging products in Canada. Financial terms were not disclosed. "I am pleased to be welcoming two new businesses into the Bunzl family today. Arbeitsschutz-Express, combined with our acquisition of hygi.de in 2022, will more than double our presence in the German market, with considerable further opportunity remaining. Furthermore, Canada Paper is highly complementary to our Canadian business and expands our offering in the region. Our pipeline is active, and we see significant opportunities for continued acquisition growth in our existing markets where we have opportunity to increase our presence, as well as potential to expand into new markets," Frank van Zanten, Bunzl CEO.

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