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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Managed Support | LSE:MSS | London | Ordinary Share | GB00B105MM77 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.045 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMRTO TIDMMSS
RNS Number : 4150S
Rentokil Initial PLC
18 November 2011
18 November 2011
Rentokil Initial proposed acquisition adds building services capability
Rentokil Initial plc (FTSE: RTO) today announces it has exchanged contracts with Managed Support Services plc ("MSS" or the "Company") for the acquisition of its building services division, MSS Facilities Management (the "Division") for a cash consideration of up to GBP6.5m (subject to a net asset adjustment at completion). The proposed sale is conditional upon the approval by the Company's shareholders in general meeting.
The Division, which has 200 employees, has an approximate annual turnover of GBP22 million and operates from two principal trading sites in Manchester and London.
The acquisition provides excellent synergies with Rentokil Initial's existing mechanical and electrical engineering building services business, which operates within the Initial Facilities division.
- Ends -
About 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 66,000 employees providing a range of support services in 60 countries. Services include textiles and hygiene services, pest control, tropical plants, parcels delivery and facilities services.
The Mechanical and Electrical engineering (M&E) sector provides in-building heating, ventilation and air conditioning, planned preventative maintenance, energy maintenance and energy management services.
http://www.rentokil-initial.com
For further information
Media enquiries:
Malcolm Padley, Corporate Communications
Rentokil Initial plc
+44 (0) 7788 978 199
Kate Miller/ Oliver Hughes
Brunswick Group
+44 (0) 20 7404 5959
Shareholder/analyst enquiries:
Katharine Rycroft, Investor Relations,
Rentokil Initial plc,
+44 (0)1293 858 166
This information is provided by RNS
The company news service from the London Stock Exchange
END
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