Bunzl makes further acquisition in the US

04 Oct 2006

Bunzl plc, the distribution and outsourcing Group, today announces that it has acquired Cole Harford Holding Company from David Fisher and Larry Hoover.

Cole Harford is principally engaged in the supply of foodservice and jan/san disposable products through redistributors. Based in Kansas City with four distribution centres in Dallas, Denver, Phoenix and Columbia, Missouri, revenue in 2005 was $63.5 million. Gross assets acquired are estimated to be $8.4 million.

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

"Cole Harford is the fourth acquisition in North America to be announced this year and is in line with our strategy to grow in redistribution. It will further strengthen our business in the foodservice and jan/san sectors in the central region of the US."

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