Bunzl plc (BNZL.L,BZLFY.PK), in its trading statement, said it expects six-month Group revenue growth to be about 7% due to underlying revenue growth of some 4% and the impact from acquisitions and the disposal of the UK Vending business in August last year. The company also noted a slight improvement in the Group operating margin because of the impact of the acquisitions completed in 2011 and the sale of the UK Vending business.
Overall trading remained consistent with expectations at the time of the Interim Management Statement in April. Bunzl added that the acquisitions remain an important part of the Group's growth strategy.
In a separate press release, Bunzl reported the acquisition of the business of Service Paper Company in the United States. Seattle-based Service Paper is chiefly engaged in the distribution of disposable supplies to the grocery, foodservice, food processor and industrial packaging sectors throughout the Pacific Northwest. Revenue of the acquired business for the year ended December 31, 2011 totaled $61 million and the gross assets purchased are estimated to be $18 million.
Including this purchase of Service Paper, the company has closed five acquisitions year to date with annualised revenue of around 130 million pounds.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.