Acquisition of MSS Facilities Management
Rentokil Initial plc (FTSE: RTO) today announces that it has completed the acquisition of MSS Facilities Management, the building services division of Managed Support Services plc, following approval by its shareholders for a cash consideration of up to £6.5m (subject to a net asset adjustment). MSS Facilities Management has 200 employees and an approximate annual turnover of £22 million.
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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 66,000 employees providing a range of support services in 60 countries. Services include textiles and hygiene services, pest control, tropical plants, parcels delivery and facilities services.
The Mechanical and Electrical engineering (M&E) sector provides in-building heating, ventilation and air conditioning, planned preventative maintenance, energy maintenance and energy management services.
For further information
Malcolm Padley, Corporate Communications
Rentokil Initial plc
+44 (0) 7788 978 199
Kate Miller/ Oliver Hughes
+44 (0) 20 7404 5959
Katharine Rycroft, Investor Relations, Rentokil Initial plc, 01293 858 166