M&A Deal Summary

Bunzl Acquires Etablissements Glorieux SA

On July 5, 2010, Bunzl acquired retailer Etablissements Glorieux SA

Acquisition Highlights
  • This is Bunzl’s 1st transaction in the Retail sector.
  • This is Bunzl’s 1st transaction in Belgium.

M&A Deal Summary

Date 2010-07-05
Target Etablissements Glorieux SA
Sector Retail
Buyer(s) Bunzl
Deal Type Add-on Acquisition

Target

Etablissements Glorieux SA

Pecq, Belgium
Global Net is principally engaged in the sale of cleaning and hygiene consumables and equipment throughout the Walloon region of Belgium to contract cleaners, local authorities and other industrial and institutional customers.

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Buyer(S) 1

Buyer

Bunzl

London, United Kingdom

Category Company
Founded 1854
Sector Distribution
Employees26,978
Revenue 11.8B GBP (2024)
DESCRIPTION

Bunzl is a distribution and outsourcing group with operations across the Americas, Europe, Asia Pacific, and UK & Ireland. It supports businesses all over the world with a variety of products that are essential for our customers in the successful operation of their businesses. Bunzl was founded in 1854 and is based in London, England.


DEAL STATS #
Overall 22 of 128
Sector: Retail M&A 1 of 6
Type: Add-on Acquisition M&A Deals 18 of 115
Country: Belgium M&A 1 of 3
Year: 2010 M&A 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-28 Juba Personal Protective Equipment S.L.

Calzada, Spain

Juba Personal Protective Equipment S.L. provides leather gloves use ful in job wear like vests, parkas and jackets, fleeces and jerseys.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-30 Cool Pak

Oxnard, California, United States

Cool Pak’s staff combines decades of experience in agriculture and packaging with a long family history of manufacturing and distribution in California. This unique blend of skills and expertise makes Cool Pak a very capable and knowledgeable resource for growers and shippers of many different types of produce

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