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Rentokil Initial acquires Santia Group's services division

Published 4th April, 2011 by Neil Nixon

Rentokil Initial acquires Santia Group's services division

Rentokil Initial plc has acquired the services division of Santia Group, previously known as Connaught Compliance Ltd, for a cash consideration of £5.6 million with up to an additional £3 million depending on various post closing adjustments. The acquisition is effective immediately and is expected to generate annualised revenues of £24 million.

Santia’s services division consists of three business units: fumigation and pest control; water treatment and hygiene; and fire safety and prevention. Pest control will be merged with Rentokil’s UK pest business. Water will be merged with Rentokil’s existing UK water hygiene business within the Initial Facilities Services (IFS) division. Fire will form a separate business unit within the IFS division.

The company’s immediate priorities will be to deliver excellent service to its new customers and to engage with the 430 colleagues who will join the business as a result of this acquisition.

Article links

http://www.rentokil-initial.com