Bunzl seeks more takeovers
Wednesday 29 August 2012
Bunzl, the disposable goods giant which sells everything from plastic cutlery to surgical gloves and facemasks, is on the hunt for more deals after spending £77m on six acquisitions so far this year.
The chief executive, Michael Roney, said: "We expect to complete more acquisitions later this year." The group, which is facing tough conditions amid falling demand from the construction and public sectors, posted a 9 per cent rise in first-half profits to £152m and raised its dividend by 9 per cent to 8.8p.
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