Distribution group Bunzl is buying Volk do Brasil, a glove supplier.
The business is forecast to achieve revenue in 2018 of R$200 million ( around £41m). Completion of the acquisition is subject to clearance of the transaction by the Brazilian competition authority.
Frank van Zanten, chief executive of Bunzl, said the acquisition "will expand our already well established safety business in Brazil".
It also reported that group revenue climbed 7% in the third quarter, based on growth of around 4% and an impact from acquisitions of around 3%.