BENCHMARK INTERNATIONAL HAS SUCCESSFULLY FACILITATED THE SALE OF LIGHTNING PACKAGING SUPPLIES LIMITED TO BUNZL PLC
Benchmark International has successfully facilitated the transaction between Lightning Packaging and Bunzl.
Bunzl, a global distribution and outsourcing group of packaging, catering equipment and safety wear, has spent approximately £600m on acquisitions during 2017 – a marked increase of £327m in 2015 – with the company consolidating its fragmented markets through acquisitions, an important part of its ongoing strategy.
The acquisition of Lightning Packaging, a UK-wide distributor of packaging materials to a variety of sectors, has provided Bunzl the opportunity to further consolidate within the packaging sector.
The impact of Bunzl’s acquisitions, along with its growth from organic revenue, has led to an approximate 15% increase in revenue at actual exchange rates and, at constant exchange rates, between 9% and 10%.
Benchmark International would like to thank all parties involved and we wish them all the very best of luck for the future.
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.