COPENHAGEN: Distribution and outsourcing Group Bunzl Plc announced Tuesday that it has entered into agreements to acquire two further businesses in France and Denmark.
Prorisk and GM Equipement are principally engaged in the sale of a variety of personal protection equipment and first aid related products to both end users and distributors throughout France. The aggregate revenue of the businesses in the year ended December 31, 2015 was 7 million euros. Completion of the acquisition is expected to take place by the end of January 2017.
Sæbe Compagniet, which is based near Copenhagen, is a distributor of cleaning & hygiene related products, principally in the hotel, restaurant and catering sectors, in Denmark. Revenue in the year ended 30 April 2016 was 113 million Danisk kroner or about 13 million pounds. Completion of the acquisition is subject to clearance of the transaction by the Danish competition authority.
