Bunzl hits 200 acquisitions since 2004 with two new deals

Specialist international distribution and services group Bunzl said it had bought safety businesses in Brazil and Spain, taking its acquisitions total to 200 since 2004.

The company on Tuesday said it had signed an agreement to buy Leal Equipamentos de Proteção, a specialised safety distributor in Brazil. Completion of the acquisition is subject to competition authority clearance.

It also bought Irudek, a distributor of safety and personal protective equipment, specialising in fall protection equipment in Spain. No financial details were disclosed for either deal.

Reporting by Frank Prenesti for Sharecast.com