AZB, SAM act on Rentokil’s JV with Pest Control India

Rentokil Initial plc (Rentokil) has announced that it has entered into an agreement to form a joint venture with India's PCI Pest Control Pvt. Ltd. (PCI) and to acquire a 57% stake in the new joint venture, for an undisclosed sum.

Deal 
Acquisition of 57% of the shareholding of the PCI by RentoKil

Value
In excess of $50 million

Sector
Chemicals and Pesticides – manufacture and services

Deal Type
M&A

Law Firms
AZB & Partners . . .

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