Bunzl plc (LON:BNZL), the international distribution and services group, announced further strategic acquisitions in Spain and Mexico on Tuesday, alongside the completion of previously announced deals.
The moves signal Bunzl's continued focus on its growth strategy through targeted expansion in key markets.
In July, Bunzl finalized the acquisition of Quindesur, a Spanish distributor specializing in foodservice and cleaning & hygiene products with a strong presence in Southern Spain.
Quindesur generated approximately EUR 14 million (c.£12 million) in revenue in 2024. The acquisition is said to complement Bunzl's existing businesses and is expected to strengthen its regional market position.
Meanwhile, August has seen the completion of the acquisition of Guantes Internacionales, S.A. de C.V. (Gisa), a leading Mexican distributor of own-brand personal protective equipment (PPE), with a focus on gloves.
Gisa's established market presence and own-brand focus are seen as an opportunity for Bunzl to provide strong cross-selling opportunities with the company's existing operations in the US and Mexico. Gisa generated MXN 399 million (c.£17 million) in revenue in 2024.
Bunzl also completed the acquisition of Solupack, a Brazilian distributor of own-brand packaging solutions for the food industry, initially announced on June 24, 2025. The acquisition of Hospitalia, a major healthcare distributor in Chile, initially announced on April 30, 2025, was also completed in July 2025.
CEO Frank van Zanten noted, “I am pleased to announce our fourth and fifth acquisitions this year; Gisa, a leading PPE distributor in Mexico, and Quindesur, a foodservice distributor with a strong presence in Southern Spain.”
He added that acquisitions remain an important part of Bunzl's compounding growth model, with more than £6 billion of committed spend since 2004, across more than 230 acquisitions.
“Our acquisition pipeline remains active, and we see significant opportunity for continued expansion,” concluded van Zanten.
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