Bunzl acquires healthcare consumables distribution business in the UK

05 July 2006

Bunzl plc, the international distribution and outsourcing Group, today announces that it has acquired Southern Syringe Services Limited and Universal Hospital Supplies Limited from John Denman and other members of his family.

The business, which is based in North London, is involved in the sale and distribution throughout the UK of healthcare related consumables to a variety of end users including the NHS, private hospitals and nursing homes. The consolidated revenue in the year ended December 2005 was £182 million and the gross assets acquired are expected to be approximately £55 million.

Commenting on the acquisition, Michael Roney, Chief Executive of Bunzl, said:

"The acquisition of Southern Syringe significantly expands our position in the growing healthcare consumables market. This important step broadens our product offering and customer base and gives us the opportunity to extend our business in this sector."

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