Add-on Acquisition • Consumer Services

Rentokil Initial Acquires EcoTime Pest Control

On January 8, 2015, Rentokil Initial acquired consumer services company EcoTime Pest Control

Acquisition Context
  • This is Rentokil Initial’s 6th transaction in the Consumer Services sector.
  • This is Rentokil Initial’s 1st transaction in Italy.

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M&A Deal Summary

Date January 8, 2015
Target EcoTime Pest Control
Sector Consumer Services
Buyer(s) Rentokil Initial
Deal Type Add-on Acquisition

Target Company

EcoTime Pest Control

Milan, Italy
EcoTime Pest Control is a provider of pest control services. EcoTime, based in Milan, represents an important density building opportunity in Northern Italy.
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Buyer Overview 1

Buyer

Rentokil Initial

Crawley, United Kingdom

Category Company
Founded 1903
Sector Business Services
Employees68,485
Revenue 5.4B GBP (2024)
DESCRIPTION

Rentokil Initial is a provider of facilities management and related services, including catering, cleaning, security, building mechanical and electrical engineering, and statutory compliance to commercial and government sector organizations; pest control services. Rentokil Initial was founded in 1903 and is based in Crawley, England.


Deal Context for Buyer #
Overall 16 of 29
Sector: Consumer Services 6 of 17
Type: Add-on Acquisition 11 of 24
Country: Italy 1 of 1
Year: 2015 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-08 Rentokil Initial - Austrian Hygiene Products Business

Austria

Rentokil Initial - Austrian Hygiene Products Business comprises Austrian hygiene products business. The asset is located in Austria.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 Sagrip S.A.

Guatemala, Guatemala

Sagrip is an independent pest control company across the growing markets of Guatemala and El Salvador. The majority of revenues are from commercial customers, such as leading international businesses in the food processing, hospitality and pharmaceutical industries. In Guatemala, Sagrip focuses on high-end commercial customers in Guatemala City. In El Salvador, it operates in the cities of San Salvador and San Miguel with a significant commercial (mostly hospitality) focus.

Buy -