By Frank Prenesti
Date: Tuesday 18 May 2021
LONDON (ShareCast) - (Sharecast News) - Distribution and services group Bunzl said it was buying New Zealand's Obex Medical for an undisclosed sum.
Obex is a medical distribution business serving hospitals and other healthcare providers. The company generated revenue of NZ$51m (£27m) in 2020.
Completion of the Bunzl's fourth acquisition of the year was expected to take place at the beginning of June, Bunzl said on Tuesday.
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