EDMONTON, Alberta, June 09, 2021 (GLOBE NEWSWIRE) Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a company that develops, and invests.
A family-owned firm that’s been a fixture of the Ottawa business community for more than a century has been sold to the Canadian arm of a global manufacturer of packaging and cleaning supplies.
Snelling Paper & Sanitation, which has been operating in the capital since 1915, was acquired earlier this month by Bunzl Canada, the companies announced this week. Bunzl is also acquiring Sur-Seal Packaging, a Winnipeg-based industrial packaging company that is wholly owned by Snelling.
Financial terms of the deal, which was finalized Dec. 8, were not disclosed.
Bunzl Canada is a division of food distribution giant Bunzl Distribution USA. That company, in turn, is part of London-based Bunzl plc, a U.K.-based public enterprise that trades on the London Stock Exchange.