techsciresearch logo

Industry News

Rentokil Initial to Buy Rival Terminix in USD6.7 Billion Deal

Rentokil Initial to Buy Rival Terminix in USD6.7  Billion Deal

United Kingdom: British pest-control services provider Rentokil Initial is set to acquire its rival, Terminix Global Holdings, in a USD6.7 billion deal to boost its commercial and residential pest management expertise in the United States, the world’s largest pest control market. The deal represents Rentokil’s largest North America acquisition, which would bring together 56,000 colleagues in 790 countries and 4.9 million customers. Combining the strong international operations and global commercial pest control offerings of Rentokil Initial with Terminix’s leading position in pest control services across the United States will be advantageous for both the parties and their teammates, customers, partners, and shareholders.

Terminix is among the most recognized brands for termite services in the United States with expertise in killing pests, including rats, cockroaches, scorpions, etc. Despite growing profit margins, Terminix struggled financially due to tight labor markets and medical expenses, but the acquisition deal would allow both Terminix and Rentokil Initial to boost earnings from better pest control services while reducing costs.

Addressing the acquisition of the company by Rentokil Initial, Terminix CEO Brett Ponton commented, "These are two highly complementary businesses with a similar operational playbook focused on supporting great people to provide outstanding customer service across Pest Control and Hygiene & Wellbeing. The combination will deliver further investment and the sharing of best practices to enable our talented teams to better serve customers, protecting them from the growing threat of pests and meeting their future needs. We will open our first innovation center in the U.S. and provide our industry-leading innovations and digital technologies to a far larger customer base. This is a win-win-win for colleagues, customers and shareholders."

Commenting on the M&A between the two leading pest control service providers, TechSci Research Director Karan Chechi said, “Increasing population density, the emergence of megacities, and climate change are contributing to the growth of pest eradication market. Besides, more stringent regulations for food safety and consumer demands are encouraging food producers/manufacturers to find more efficient and sustainable ways, creating more need for pest management services. Rising collaborations between pest control service providers will maximize profits for both the companies as well as lead to the emergence of new technologies for better prevention against pests.”

According to TechSci Research report on “Global Integrated Pest Management Market By Pest Type (Weeds, Invertebrates, Pathogens, Vertebrates) By Control Method (Biological Control, Chemical Control, Cultural Controls, Mechanical & Physical Controls, Others) By Application (Agricultural, Residential, Commercial, Industrial) By Region, Company Forecast & Opportunities, 2026, the global integrated pest management market is anticipated to grow at a significant rate during the forecast period. Growing demand for organic farming and rising awareness about the diseases caused by pests and insects are contributing to the growth of the global integrated pest management market.

According to another TechSci Research report on Global Pesticide Residue Testing Market By Type (Herbicides, Insecticides, Fungicides & Others), By Technology (Single Residue Method, Multiple Residue Method, LC-MS/GC-MS, High Performance Liquid Chromatography (HPLC), Gas Chromatography and Others), By Class (Organochlorines, Organophosphates, Organonitrogens, Carbamates and Others), By Food Tested (Meat & Poultry, Dairy Products, Processed Food, Fruits & Vegetables, Cereals, Grains & Pulses and Others), By Region, Forecast & Opportunities, 2025, the global pesticide residue testing market is expected to grow at a substantial rate due to increasing consumption of organic foods and rising concerns with GMO foods. Additionally, stringent food regulations implemented by governments across the globe are contributing to the growth of global pesticide residue testing market. 

Relevant News