Bunzl plc, the UK-based international distribution and outsourcing group, has agreed to acquire two businesses based in Berlin, Germany – Mo Ha Ge Mommsen Handelsgesellschaft mbH and Inkozell Zellstoff-Vertrieb GmbH. Terms were not disclosed.
Both businesses are engaged in the sale of healthcare related consumables, principally incontinence products, to a variety of at home end users and care homes. The aggregate annual sales of the businesses is €22 million (US$25.1 million).
“The purchase of Mo Ha Ge and Inkozell is an important development for Bunzl as they both expand the Group’s healthcare related operations in Germany, being a sector that we entered there in 2014 with the acquisition of Bäumer,” said Bunzl CEO Frank van Zanten.
