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Rentokil buys Steritech for $425M

Sep. 01, 2015 8:06 AM ETRentokil Initial plc (RTO) StockRTO, RKLIFBy: Yoel Minkoff, SA News Editor
  • Rentokil Initial (OTCPK:RTOKY) has acquired U.S.-based Steritech for $425M, as part of its strategy to accelerate growth of its pest control division.
  • Revenue from Rentokil's North American operations now account for $800M, making it the biggest operation in the group.

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