Bunzl plc, the international distribution and outsourcing group, has acquired Lightning Packaging, a UK-based distributor of industrial packaging products to a variety of end user customers operating in a number of market sectors. Terms were not disclosed.
The acquisition of Lightning Packaging, whose revenue in the year ended March 2017 was £14 million (US$18.8 million), adds to Bunzl's record year for acquisitions with £600 million (US$805.6 million) already spent in 2017.
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