Deals



Rentokil Initial plc acquires Anderson Pest Solutions


Posted: 28th August 2015 08:32

Rentokil Initial plc announces the continued expansion of its pest control business with the acquisition of Chicago-based Anderson Pest Solutions ("Anderson").  Its annualised revenues for the 12 months prior to acquisition were $21m.  The acquisition is in line with the Company's strategy of continued acceleration of its pest control business and pursuing acquisition targets in higher growth markets.  It also builds customer density, primarily in the Chicago metropolitan area.

Andy Ransom, Chief Executive of Rentokil Initial plc, said:
"We are delighted to join forces with Anderson Pest Solutions in the Chicago area.  It is a well-established and highly respected business, and with long-term customer relationships.  

"With an 80% commercial portfolio, areas of potential growth include introducing additional services such as Rentokil's bird control and bioremediation expertise to Anderson's customer base, but also the benefits that Anderson's particular expertise in eco-effective pest control will bring to us.  

"North America is an important growth market for the Company and our pipeline of acquisitions in pest control remains strong as we expect to continue the acceleration in pest control and deliver the next phase in our plan for profitable growth."

 


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