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Pin to quick picksRentokil Initial Regulatory News (RTO)

Share Price Information for Rentokil Initial (RTO)

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453.60    3.80 (0.84%)
Bid:
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Spread: 0.30 (0.066%)
Market Cap: £11.41b
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Acquisition

14 Feb 2011 16:06

RNS Number : 2128B
Rentokil Initial PLC
14 February 2011
 



 

 

 

 

 

14 February 2011

 

Rentokil Initial acquires Santia's Services division

 

Rentokil Initial plc (FTSE: RTO) today announces the acquisition of the Services Division of Santia Group, previously known as Connaught Compliance Ltd, for a cash consideration of £5.6 million with up to an additional £3 million depending on various post closing adjustments. The acquisition is effective immediately and is expected to generate annualised revenues of £24 million.

 

Santia's Services Division consists of 3 business units - Fumigation & Pest Control; Water Treatment & Hygiene; Fire Safety & Prevention. Pest control will be merged with Rentokil's UK Pest business. Water will be merged with Rentokil's existing UK Water Hygiene business within the Initial Facilities Services (IFS) division. Fire will form a separate business unit within the IFS division.

 

Our immediate priorities will be to deliver excellent service to our new customers and to engage with the 430 colleagues who will join us as a result of this acquisition.

 

- Ends -

 

About Rentokil Initial

Rentokil Initial is one of the largest business services companies in the world, operating in all the major economies of Europe, North America, Asia Pacific and Africa. The company has some 68,000 employees providing a range of support services in over 50 countries. Services include textiles and washroom services, pest control, tropical plants, parcels delivery and facilities services.

http://www.rentokil-initial.com

 

 

For further information

 

Media enquiries:

Malcolm Padley, Corporate Communications

Rentokil Initial plc

+44 (0) 7788 978 199

 

Wendel Verbeek / Oliver Hughes

Brunswick Group

+44 (0) 20 7404 5959

 

Shareholder/analyst enquiries:

Katharine Rycroft, Investor Relations, Rentokil Initial plc, +44 (0) 7811 270734

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQUSRNRASAUAAR
Date   Source Headline
11th Jan 20084:08 pmRNSHolding(s) in Company
10th Jan 200810:19 amRNSHolding(s) in Company
27th Dec 200710:11 amRNSDisposal
21st Dec 20079:57 amRNSHolding(s) in Company
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8th Nov 20077:01 amRNS3rd Quarter Results
19th Oct 200712:27 pmRNSAnnual Calendar 2008
17th Oct 20072:47 pmRNSHolding(s) in Company
8th Oct 20074:16 pmRNSDirector/PDMR Shareholding
1st Oct 20074:20 pmRNSTotal Voting Rights
28th Sep 20074:43 pmRNSDirector/PDMR Shareholding
25th Sep 200710:09 amRNSHolding(s) in Company
23rd Aug 20077:00 amRNSInterim Results
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30th Jul 20077:01 amRNSAcquisition
19th Jul 20077:00 amRNSDirectorate Change
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2nd Jul 20074:27 pmRNSDisposal
29th Jun 200712:04 pmRNSHolding(s) in Company
27th Jun 20074:16 pmRNSRegulatory Inquiry Outcome
21st Jun 200710:47 amRNSHolding(s) in Company
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31st May 20074:27 pmRNSTotal Voting Rights
24th May 200710:01 amRNSHolding(s) in Company
3rd May 20075:50 pmRNSAGM Statement
2nd May 20077:01 amRNSTrading Update
1st May 20073:43 pmRNSTotal Voting Rights
24th Apr 20071:21 pmRNSCorporate Responsibility Rev
20th Apr 20078:00 amRNSDoc re. Company News
20th Apr 20078:00 amRNSAcquisition
19th Apr 200711:39 amRNSAnnual Information Update
30th Mar 20072:41 pmRNSAnnual Report and Accounts
30th Mar 20077:04 amRNSDisposal
15th Mar 20077:02 amRNSRentokil Tropical Plants
13th Mar 20079:04 amRNSHolding(s) in Company
7th Mar 20074:52 pmRNSDirector/PDMR Shareholding
7th Mar 200712:25 pmRNSStatement re: OFT clearance
28th Feb 20075:00 pmRNSDirector/PDMR Shareholding
22nd Feb 20077:02 amRNSFinal Results
21st Feb 20075:09 pmRNSHolding(s) in Company
31st Jan 20075:40 pmRNSHolding(s) in Company

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