Rentokil Initial PLC
02 January 2007
2 January 2007
RENTOKIL INITIAL ACQUIRES ENVIROFRESH
Rentokil Initial plc (RTO), one of the world's leading providers of business
support services, today announces that it has acquired EnviroFresh Limited for a
total consideration of £9 million in cash. EnviroFresh is an innovative UK
company which specialises in the provision of effective,
environmentally-friendly washroom products.
EnviroFresh was established in June 2000. It has developed and patented a
product for men's urinals called SaniSleeve, which together with its EnviroFlush
system, deals comprehensively with all common urinal problems, reducing
operating and maintenance costs, and improving hygiene. In particular, the
system reduces flush water usage for business customers by up to 90%.
Rentokil Initial will look to expand the use of the SaniSleeve product and
EnviroFlush system across its businesses, while at the same time continuing to
develop the business using a wide range to routes to market including
distributors and other third parties.
Henry Chandler, Divisional Managing Director - Initial Textiles and Washroom
services, said: 'Water usage is a major cost and environmental focus for
businesses around the world and as a result of today's agreement we will be able
to offer our customers an innovative solution which can cut flush water usage by
up to 90%. As a leading supplier of washroom services our aim is to maintain
product and service innovation, focused on the needs of our customers, as well
as providing market leading solutions to raise standards in the washroom
environment.'
- Ends -
Notes to Editors
Rentokil Initial
Rentokil Initial is one of the largest business services companies in the world,
operating in all the major economies of Europe, North America, Asia Pacific and
Africa. The company has some 70,000 employees providing a range of support
services in over 40 countries where the 'Rentokil' and 'Initial' brands have
come to represent innovation, deep expertise and consistent quality of service.
Services include textiles and washroom services, pest control, tropical plants,
electronic security, parcels delivery and facilities services.
For further information, please contact:
Rentokil Initial plc
Malcolm Padley, Corporate Communications - 020 7866 3027 / 07788 978 199
Lisa Williams, Investor Relations - 020 7 866 3028 / 07980 895 419
Brunswick Group
Tom Williams - 020 7 404 5959 / 07834 502 361
Jon Rhodes - 020 7404 5959 / 07974 982 334
This information is provided by RNS
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