Rentokil buys Chicago-based Anderson Pest Solutions

Rentokil Initial announced the acquisition of Chicago-based Anderson Pest Solutions for an undisclosed sum.

The pest control company said the deal was in line with its strategy of continued acceleration of its pest control business and pursuing acquisition targets in higher growth markets.

Chief executive Andy Ransom said: "With an 80% commercial portfolio, areas of potential growth include introducing additional services such as Rentokil's bird control and bioremediation expertise to Anderson's customer base, but also the benefits that Anderson's particular expertise in eco-effective pest control will bring to us.

He added that North America is an important growth market for Rentokil and said the company’s pipeline of acquisitions in pest control remains strong.

Anderson Pest Solutions had annualised revenues for the 12 months prior to the acquisition of $21m.

At 0824, Rentokil shares were up 0.1% at 146.70p.