Add-on Acquisition • Distribution

Bunzl Acquires Pinnacle Builders

On March 1, 2021, Bunzl acquired distribution company Pinnacle Builders

Acquisition Context
  • This is Bunzl’s 69th transaction in the Distribution sector.
  • This is Bunzl’s 12th transaction in Canada.
  • This is Bunzl’s 1st transaction in Saskatchewan.

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M&A Deal Summary

Date March 1, 2021
Target Pinnacle Builders
Sector Distribution
Buyer(s) Bunzl
Deal Type Add-on Acquisition

Target Company

Pinnacle Builders

Martensville, Saskatchewan, Canada
Pinnacle Builders is a distributor of personalized cleaning & hygiene services based in Saskatchewan, Canada.
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Buyer Overview 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 Context for Buyer #
Overall 120 of 128
Sector: Distribution 69 of 73
Type: Add-on Acquisition 107 of 115
State: Saskatchewan 1 of 1
Country: Canada 12 of 12
Year: 2021 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Disposable Discounter

Assen, Netherlands

Disposable Discounter is an online distributor of foodservice disposable products to a highly fragmented customer base. The business has grown strongly in recent years and operates mostly in the Netherlands but has recently started to expand across Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Obex Medical

Auckland, New Zealand

Formed in 1983, Obex Medical is a medical distribution business serving hospitals and other healthcare providers in New Zealand. Obex Medical supplies a broad range of healthcare equipment and devices, and it is headquartered in Auckland.

Buy -