Bunzl buys Brazilian health firm

Outsourcer Bunzl yesterday snapped up Brazilian healthcare group Labor Import, in a deal thought to be worth around £17m. Sao Paulo-based Labor Import, which supplies own-label medical and healthcare products to distributors and hospitals, marks Bunzl’s first move into the Brazilian healthcare sector. It continues the FTSE 100 firm’s buying spree, which saw it spend £272m on acquisitions last year.