StockMarketWire.com - Bunzl, the international distribution and outsourcing group, has made two further acquisitions in the Netherlands and Brazil.
The company has acquired Allshoes Benelux BV in the Netherlands. Based in Alkmaar, Allshoes is a distributor of both branded and own brand safety and work shoes to a variety of wholesalers as well as to retailers, principally in the Netherlands but also in Belgium. Revenue in the year ended 31 December 2013 was €19.9m.
Bunzl has also acquired JPLUS Comércio e Distribuição Ltda in Brazil. Based in Minas Gerais, JPLUS is engaged in the distribution of cleaning and hygiene supplies and disposable products to a variety of end user customers, particularly in the contract cleaning and healthcare sectors. Revenue in the year ended 31 December 2013 was R$39.3m (c.£11m).
