Bunzl is buoyed by acquisitions

International distribution group Bunzl yesterday said it had bought MMH Holding and its subsidiaries from Markus Meier, Daniel Meier and Reto Hofmann. The firm said the acquisition extends its reach in Switzerland, a market it entered two years ago with the purchase of Weita. The business, which trades under the name Distrimondo, reported revenues of SwFr17.3m (£11.5m) last year.