Distribution and outsourcing group Bunzl PLC (LSE: BNZL) said it has acquired Juba Personal Protection Equipment S.L. and Guantes Juba S.A. from Juan Bautista Barrios, Juan Pedro Barrios, David Barrios, Conchita Barrios and Susana Barrios.
Financial details were not disclosed.
Juba, based near Logroño in the Rioĵa region, is a supplier of personal protection equipment, principally protective gloves and other workwear, to redistributors throughout Spain.
Revenue in the year ended 31 December 2009 was €21.9 million and the gross assets acquired are estimated to be €17 million.
Bunzl CEO Michael Roney commented: "The acquisition of Juba represents a significant increase in the size of our personal protection equipment business in Spain and strengthens our position in this market which we entered in 2008 with the acquisition of Marca.”