Bunzl Plc (BZLFY.PK,BNZL.L), a British distribution and outsourcing firm, said on Tuesday that it has entered into a deal to buy German cleaning and hygiene business Hygi.de.
The Financial terms of the both transactions were not disclosed.
The acquirer said that the acquisition of Hygi.de materially increases Bunzl's presence in the German market and is well positioned for continued expansion.
Hygi.de had generated revenues of 107 million euros in 2021.
In addition, it has also announced the completion of the acquisition of USL, a distributer of medical consumables business in New Zealand.
The acquisition was completed earlier this month, which further complements Bunzl's growing presence in New Zealand and the healthcare sector across the region.
USL had reported revenues of NZD 114 million in 2021.
Frank van Zanten, CEO of Bunzl, said: "…These acquisitions highlight Bunzl's continued consolidation opportunity, which is supported by the strength of our balance sheet and an active pipeline."
For comments and feedback contact: editorial@rttnews.com
Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.