Bunzl 'in top vending spot'

19 September 2007
More news

20 September 2007 | Antony Barton

Distribution and outsourcing giant Bunzl claims its acquisition of Coffee Point has made it the largest supplier of vending machines in Britain.

Bunzl, which last month posted a 13 per cent rise in operating profits for the past year, has also finalised its purchase - for an undisclosed sum - of Dutch supplier King Benelux Holding, a provider of healthcare and cleaning products.

It claims its acquisitions so far this year, on which it spent a total of £140 million, will add £150 million to revenues over the next 12 months.

Michael Roney, Bunzl chief executive, told SM that Coffee Point's nine British locations presented a prime business opportunity. "

The widespread coverage means we can provide onsite maintenance and assistance to a customer's offices throughout the UK. Most of our competitors are regional businesses, so we can go after the nationwide customers," he said.

Bunzl has also this month entered into an agreement to buy DG Distributors and Vendors, which distributes foodservice disposables, janitorial supplies and beverage systems to the healthcare and retail sectors throughout Ireland.

Bunzl operates in 21 countries and its biggest customers include Wal-Mart and the European hotel chain Accor.

SMsep2007

LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE