Bunzl plc, the international distribution and outsourcing group, reported that group revenue in the first quarter increased 13 percent at actual exchange rates. At constant exchange rates, revenue has risen by 10 percent, with 5 percent contributed by acquisitions and 5 percent from the impact of additional trading days relative to the comparable period last year.

The acquisition of Bursa Pazari, announced in February, was completed. As previously announced, Michael Roney, who has been chief executive of the company since November 2005, will be succeeded by Frank van Zanten, whose most recent position has been managing director of Bunzl’s Continental Europe business area.