Bunzl a perfect fit for glove maker Tillman

Caitlin Morrison
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Welding gloves, Tillman’s main product
OUTSOURCING firm Bunzl has bought US-based safety business Blake H Brown, trading as Tillman.

The California-based business is primarily focused on supplying protective gloves to customers in the welding and industrial sectors. Revenue in the year ended 31 December 2014 is expected to be around $100m (£65.8m).

Michael Roney, Bunzl’s chief executive, said: “The purchase of Tillman is another important development for the group’s safety business in North America. We are delighted to welcome their employees to Bunzl.”

He added that the committed acquisition spend for businesses acquired or agreed to be acquired during 2014, including the Tillman deal, is approximately £210m and said the current environment for deals “continues to be positive”.