TIDMRTO TIDMGCO

RNS Number : 0706W

Rentokil Initial PLC

20 December 2013

20 December 2013

Acquisition

Rentokil Initial plc (FTSE: RTO) has today agreed to acquire the pest control division of Green Compliance Plc (the Business) for a total consideration of GBP4.0m in cash: GBP3.25m in initial consideration, with a further GBP0.75m payable over 12 months in line with normal contractual protections and the achievement of certain operational targets. The Business had audited revenues of GBP5.0m for the year ended 31 March 2013. The transaction is anticipated to complete on 31 December 2013.

Ends

About Rentokil Initial plc

Rentokil Initial is one of the largest business services companies in the world operating in Europe, the Americas, Asia Pacific, Middle East and Africa. It employs some 50,000 colleagues providing a range of services including pest control, hygiene, workwear, plants and facilities.

www.rentokil-initial.com

Enquiries:

Investors / Analysts enquiries:

   Katharine Rycroft, Head of Investor Relations                             Rentokil Initial plc 01293 858 166 

Media enquiries:

Malcolm Padley, Corporate Communications Rentokil Initial plc 07788 978 199

Justine McIlroy / Oliver Hughes Brunswick Group 020 7404 5959

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQURONROAAUURA

Green Comp (LSE:GCO)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Green Comp Charts.
Green Comp (LSE:GCO)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Green Comp Charts.