Bunzl to Acquire 2 German Companies - Modern Distribution Management

Bunzl to Acquire 2 German Companies

Acquisitions expand company's healthcare related operations in Germany.

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.

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