Bunzl, the specialist international distribution and services group, agreed to acquire an 80% stake in Nisbets, an omni-channel distributor of catering equipment and consumables, for £339m. "The acquisition of Nisbets is an exciting step for Bunzl. Andrew Nisbet has built a high-quality business, with a well-respected management team. The business is complementary to our operations in the catering equipment sector and will enhance our own brand offering and digital capabilities," Frank van Zanten, Bunzl CEO.