Rentokil to acquire Western Exterminator
PMP Staff
By Marty Whitford, Publisher & Editorial Director LONDON/ANNAHEIM, Calif. — Rentokil Initial Plc has agreed to pay $114.6 million for the assets of Western Exterminator Co. The deal, pending regulatory approval expected later this year, includes $99.6 million paid upfront and another $15 million within 18 months. Annaheim-based Western Exterminator recorded 2011 EBITDA (earnings before interest, taxes, depreciation and […]
