Exterminating rats in homes and offices is a business that should be healthy whatever the vicissitudes of the economy. That is certainly the view of Rentokil Initial, which has in the past few years been restructuring its once sprawling empire to focus on killing off pests, with some other services on the side such as hygiene in the workplace. It is a strategy that has been well-liked by the market. Investors have appreciated the strategic focus of Rentokil’s management and controlled approach to deals, picking up multiple small businesses, often family owned, in various different locations. Rentokil spent £281 million…

Source: The Times March 02, 2018 00:04 UTC