Bunzl buys three overseas firms

FTSE 100-listed distribution and outsourcing group Bunzl yesterday said it completed three acquisitions in the US, Germany and Brazil at the end of 2013. The three acquired companies sell personal protection equipment and posted revenues last year of $48m (£29.2m), €6m (£4.9m) and 18m Brazilian real (£4.6m) respectively. Bunzl did not reveal specific deal values but said its total acquisition spend last year was approximately £290m.