The Connaught Compliance division was sold by administrator KPMG to a private equity firm when the parent company collapsed
The company was renamed Santia Services and Rentokil confirmed in a Stock Exchange announcement that it has now bought the company for a cash consideration of £5.6m with up to an additional £3m depending on performance.
Santia’s Services Division consists of 3 business units – Fumigation & Pest Control; Water Treatment & Hygiene; Fire Safety & Prevention.
Pest control will be merged with Rentokil’s UK Pest business. Water will be merged with Rentokil’s existing UK Water Hygiene business within the Initial Facilities Services (IFS) division. Fire will form a separate business unit within the IFS division.
The deal will see 430 staff join Rentokil.