HSESF

Aug 29, 2017

A A UK-based distribution and outsourcing group Bunzl plc has acquired Chinese personal protection equipment distributor HSESF, the company's first acquisition in China. Terms were not disclosed. HSESF, which sells a variety of personal protection equipment to local distributors and end users in China and abroad, reported sales of £24 million (US$31.1 million) in 2016. Bunzl also reported sales for the first half of 2017 of £4.1 billion (US$5.3 billion), up 20 percent from 2016. Operating profit for the period was £272.6 million (US$352.8 million) an increase of 16 percent. Previous Article Littelfuse to Acquire IXYS Corporation Next Article Canadian Industrial Product Price Index Decreases in July © 2017 Gale Media, Inc. Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us , or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints . MDM welcomes inbound links from your site. Please cite Modern Distribution Management. Free Download: 2017 Top Distributors List This free PDF includes lists of top distribution companies across 14 sectors. You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.