Latest news from Pelican Rouge Coffee Solutions Ltd

Coffee Point Acquired By Bunzl plc

21 April 2008

Coffee Point, have been acquired by Bunzl plc, the 120th largest company quoted on the London stock exchange.

Coffee Point, have been acquired by Bunzl plc, the 120th largest company quoted on the London stock exchange.

In deciding on the best future for Coffee Point the decision to sell to Bunzl plc gives the business the financial security and investment that it required in the long term.

Continuity of direction will be maintained through Peter Thompson and Charles Trace who will be taking senior roles within the merged business, working closely with Neil Dobbs the new Chief Executive who announced the acquisition on Monday 20th August.

 "I am pleased to advise you that Bunzl has reached agreement today to purchase Coffee Point. This is an important acquisition and represents a substantial increase in the size of the vending business, making Bunzl Vending Services/ Coffee Point the largest operator in the UK Vending market."

Please rest assured it is business as usual with our customers and supplier.


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