Distribution and outsourcing firm Bunzl has acquired MMH Holding, which trades under the name Distrimondo, the Swiss group involved in the distribution of food-service disposables and cleaning and hygiene products.
Distrimondo will be acquired from Markus Meier, Daniel Meier and Reto Hofmann for an undisclosed sum.
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"The acquisition of Distrimondo extends our operations in Switzerland which is a key market that we entered in 2010 with the purchase of Weita," said Chief Executive Michael Roney.
"The business has a strong customer base and a leading position in the sectors in which it competes. We are pleased to welcome their employees to Bunzl."
Bunzl was trading 0.47% higher at 1,074p by 15:46 on Wednesday.
BC
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