Bunzl makes Danish acquisition
| 13 December, 2018
Bunzl plc has announced that it has recently acquired CM Supply, a foodservice distributor based in Copenhagen, Denmark. The business is principally engaged in the supply of own brand and customised foodservice disposables and packaging to customers operating in the hotel, restaurant and catering sector and is forecast to achieve revenue in 2018 of DKK37 million (c.£4 million).
Bunzl also announced that revenue for the year is expected to increase by between 8% and 9% at constant exchange rates due to organic growth of more than 4% and a similar impact from acquisitions, net of disposals.