Latest News from BPCA

20 December 2013

Rentokil buys pest control division of Green Compliance for £4m

Rentokil Initial is to buy the pest control division of Green Compliance. Rentokil is paying a total of £4m in cash for the company, comprising £3.25m in an initial consideration and a further £0.75m payable over 12 months. Phill Wood, Area Managing Director, Rentokil Initial: "We are really excited about this acquisition, as Green Compliance Pest Control complements the existing Rentokil pest control business. We look forward to working with our new colleagues and our number one priority will be ensuring continuity of service for the customers." The acquired business, which provides pest and bird control, flyscreen and cleaning services, generated revenues of £5m in the year ended 31 March.

The transaction, expected to be completed by the end of 2013, will see Green Compliance return cash to shareholders and partially pay down debt next year. This follows a review by the AIM company to focus efforts on its most profitable and cash generative divisions.

"The board are committed to the continued growth of its market leading Water and Fire Suppression businesses and believe that they will provide a sustainable base for the future development of the group," Green Compliance said.

www.greencompliance.com

Source: BPCA.org.uk

Highlights View all news

18 November 2021

Latest news

BPCA publishes new Code of Conduct for 2022

BPCA has published an updated version of our Code of Conduct which will come into effect on 1 January 2022.

Read more

18 November 2021

Latest news

VIDEO: Glue board update - November 2021

We’ve had loads of glue board related questions this week. Take a look at BPCA Chief Exec Ian Andrew’s 5-minute update to stay in the loop.

Read more

11 November 2021

Latest news

Professional Pest Controller issue 105 (PPC105) out now

Professional pest controller magazine issue 105 is out now and available to read online for free.

Read more
Latest View all news

30 November 2021

Latest news

Sri-Lankan based Exterminators Ltd named 'Great Place to Work'

BPCA Observer member, Exterminators Limited, is Asia’s first pest control business to be certified as a ‘Great Place to Work’.

Read more

26 November 2021

Latest news

Save on 2021 pest control training this Black Friday

Submit a special Black Friday booking form BEFORE 11.59 PM on 1 December 2021 and you'll get some last-minute CPD at a bargain price.

Read more

25 November 2021

Latest news

VIDEO: Guidance on CRRU stewardship for rodenticide use

In this video, Natalie Bungay explains what the CRRU code of best practice covers and what you need to consider in order to comply with it.

Read more