Rentokil Initial Regulatory News (RTO)

2 Jan 2007 08:47

Rentokil Initial PLC02 January 2007 2 January 2007 RENTOKIL INITIAL ACQUIRES ENVIROFRESH Rentokil Initial plc (RTO), one of the world's leading providers of businesssupport services, today announces that it has acquired EnviroFresh Limited for atotal consideration of £9 million in cash. EnviroFresh is an innovative UKcompany which specialises in the provision of effective,environmentally-friendly washroom products. EnviroFresh was established in June 2000. It has developed and patented aproduct for men's urinals called SaniSleeve, which together with its EnviroFlushsystem, deals comprehensively with all common urinal problems, reducingoperating and maintenance costs, and improving hygiene. In particular, thesystem reduces flush water usage for business customers by up to 90%. Rentokil Initial will look to expand the use of the SaniSleeve product andEnviroFlush system across its businesses, while at the same time continuing todevelop the business using a wide range to routes to market includingdistributors and other third parties. Henry Chandler, Divisional Managing Director - Initial Textiles and Washroomservices, said: "Water usage is a major cost and environmental focus forbusinesses around the world and as a result of today's agreement we will be ableto offer our customers an innovative solution which can cut flush water usage byup to 90%. As a leading supplier of washroom services our aim is to maintainproduct and service innovation, focused on the needs of our customers, as wellas providing market leading solutions to raise standards in the washroomenvironment." - Ends - Notes to Editors 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 andAfrica. The company has some 70,000 employees providing a range of supportservices in over 40 countries where the 'Rentokil' and 'Initial' brands havecome to represent innovation, deep expertise and consistent quality of service.Services include textiles and washroom services, pest control, tropical plants,electronic security, parcels delivery and facilities services. For further information, please contact: Rentokil Initial plcMalcolm Padley, Corporate Communications - 020 7866 3027 / 07788 978 199Lisa Williams, Investor Relations - 020 7 866 3028 / 07980 895 419 Brunswick GroupTom Williams - 020 7 404 5959 / 07834 502 361Jon Rhodes - 020 7404 5959 / 07974 982 334 This information is provided by RNS The company news service from the London Stock Exchange