The Business Bytes
BHUBANESWAR, APRIL 08, 2024 (TBB BUREAU): In a move set to redefine the pest control landscape in India, Rentokil PCI, a leading pest control service provider, has finalized the acquisition of HiCare Services Pvt. Ltd., a prominent hygiene and pest management company. This strategic merger signals Rentokil’s deep investment in the Indian market, amplifying its commitment to innovation and growth.
Rentokil PCI’s acquisition of HiCare Services Pvt. Ltd. represents a significant milestone in the evolution of pest control services in India. The share purchase deal, which encompasses HiCare’s clientele, workforce, and assets, symbolizes a strategic alignment aimed at pioneering advancements within the industry.
David Lewis, Managing Director of Rentokil PCI, expressed optimism about the synergies resulting from the collaboration, stating, “This strategic acquisition solidifies our vision to delivering unparalleled services and spearheading groundbreaking advancements in the pest control domain in India. Together, we are stronger, poised to redefine industry standards.”
The integration of Rentokil PCI’s extensive resources, expertise, and market reach with HiCare’s specialized capabilities is expected to propel the combined entity to new heights. By leveraging global best practices, the unified company aims to reshape the pest control landscape in India, setting new benchmarks for excellence.
Pinakin Shah, CEO of HiCare, emphasized the transformative potential of the union, stating, “Our collaboration with Rentokil PCI represents a significant milestone in our journey towards excellence. By combining our strengths, we are committed to amplifying our offerings, leveraging our shared expertise, and fostering unparalleled innovation within the industry.”
With HiCare boasting a robust commercial customer base and headquarters in Mumbai, Rentokil PCI’s acquisition underscores its commitment to expanding its presence and capabilities in the Indian market. The strategic partnership sets the stage for unprecedented expansion, service excellence, and innovation in pest control services.
The acquisition of HiCare by Rentokil PCI heralds a new era of excellence and innovation in the Indian pest control industry. By pooling resources, expertise, and unwavering commitment, the unified entity is poised to establish new standards of service quality and reliability, reaffirming its leadership position in the market.
