Rentokil cemented its position in North America as it snapped up a family-owned pest control business based in Chicago with about 10,000 customers and annual revenues running into the tens of millions of dollars.
Anderson Pest Solutions, founded in 1913, is the largest family-owned pest control business in the Midwest, serving business and residential customers in Illinois, Indiana, Missouri and Wisconsin. The compaany specialises in environmentally friendly treatments.
With annual revenues last year of $21 million, the vast majority of its client base is commercial, including schools and universities, hotels, shopping centres and restaurants.
Rentokil did not disclose the purchase price for Anderson, although it is thought to have paid a small multiple of its annual earnings.
The deal marks the 18th acquisition in North