Bunzl buys Brazilian firm Lamedid
FTSE 100-quoted distribution and outsourcing group Bunzl yesterday said it has acquired Lamedid, a Brazilian company that distributes medical consumable products to hospitals and laboratories. Lamedid reported revenues of £12m in 2013. “The purchase of Lamedid has significantly increased the size of our healthcare business in Brazil, having entered the healthcare sector there with the acquisition of Labor Import last year,” said chief executive Michael Roney.