From Nasdaq: 2025-05-28 02:12:00

Rentokil Initial plc has agreed to sell its Workwear business in France to H.I.G. Capital for approximately 410 million euros. The deal includes an earn-out mechanism with a maximum value of 30 million euros based on 2026 performance. Net cash proceeds are estimated at around 370 million euros. CEO Andy Ransom stated that this move aligns with the company’s strategy to focus on Pest Control and Hygiene & Wellbeing.



Read more at Nasdaq: Rentokil Initial To Sell Workwear Business In France