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Company Overview - Bunzl plc is a staples distributor that specializes in supplying non-food consumable products such as packaging, cleaning, and safety items to businesses [1] - The company has achieved growth primarily through steady acquisitions and has a long history of increasing dividends [1] Investment Strategy - The investment strategy focuses on building a consistent, low-risk passive income portfolio, aiming for approximately 12% average annual returns with minimal downside risk [1] - The emphasis is on capital preservation and stable value compounding rather than short-term momentum [1] Analyst Background - The analysis is conducted by a professional with over a decade of experience in equity research, specializing in cash-generative businesses, special situations, and corporate restructurings in developed markets [1] - The investment approach is influenced by renowned investors like Warren Buffett and Howard Marks, relying on deep fundamental analysis and rigorous valuation discipline [1]