Bunzl PLC on Tuesday announced that it has acquired Obex Medical Holdings, a medical distribution business serving hospitals and other health care providers in New Zealand. Financial terms of the deal weren’t disclosed.
Headquartered in Auckland, Obex reported 2020 revenue NZD 51 million (US$36.9 million). The acquisition should be complete by June.
“I am pleased to be able to announce our fourth acquisition of 2021,” said Frank van Zanten, CEO of Bunzl. “Obex Medical Holdings is a strong business with an experienced management team that will complement and enhance Bunzl’s healthcare capabilities in Australasia. The group’s acquisition pipeline remains active and a number of discussions are ongoing.”
Related Posts
-
Acquisition of specialty adhesive solutions manufacturer expands Hisco’s national converting and fabrication capabilities.
-
In yet another strategic move, Las Vegas-based JanSan distributor Brady adds Kerr Paper & Supply…
-
Leicester-based Cooper Freer will become part of the service division within Atlas Copco’s Compressor Technique…
