Support services giant Bunzl has started 2017 where it left off in the previous year by revealing a brace of new acquisitions.
The purchase of packaging firm Woodway was agreed at the end of December. The Northampton-based firm provides products and solutions to across a variety of business sectors.
Bunzl boss Frank van Zanten was pleased to have sealed the Woodway deal and stressed it had a key role to play in growing UK operations.
Woodway provides bespoke value-added services to its customers through a specialist technical services team who are able to work in collaboration with customers to offer a total solution for their packaging needs.
This expertise will be invaluable as we look to expand and develop our retail supplies business in the UK.
Revenue for Woodway totalled £31m for the year to June 2016 and the purchase follows a busy 2016 that saw Bunzl swallow up a range of smaller businesses that included Hungarian disposable food service distributor Silwell and UK-based Tri-Star Packaging Supplies and Blyth, a Prague-headquartered distributor of personal protection equipment.
Meanwhile, US-based Packaging Film Sales (PFS), a company that specialises in flexible barrier films and specialty bags and pouches, was swallowed up by Bunzl.
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"The purchase of PFS complements our food processor business in the US by further enhancing our product offering, particularly in relation to barrier films," said van Zanten.
PFS revenue totalled $6m over the last year.