Rentokil Initial to acquire Florida Pest Control.

Rentokil Initial, a British business services group, agreed to acquire Florida Pest Control, a pest control services provider for commercial and residential customers. Financial terms were not disclosed. "Florida Pest Control is a high-quality business with a great reputation for service delivery. Both companies have shared values focused on supporting colleagues and providing a great service for customers, and I'd like to welcome our new colleagues to Rentokil Initial. This acquisition is very much in line with our strategy to acquire pest control businesses that build customer density and add to our scale in key local markets, and will make a strong contribution towards our North American revenue and margin targets," Andy Ransom, Rentokil Initial CEO.