No, Terminix did not buy Rentokil, it was the other way around. Rentokil Initial plc, a British multinational pest control and hygiene company, acquired Terminix. The acquisition was announced in December 2021 and completed in October 2022 after receiving regulatory approvals. The deal was valued at several billion dollars and significantly expanded Rentokil's presence in North America, which is the largest pest control market in the world. Before the acquisition, Terminix was an independent publicly traded company in the United States and one of the largest residential pest control providers. After completion, Terminix became part of Rentokil Initial's portfolio of brands, often referred to as Rentokil Terminix in the US, while continuing to operate under the Terminix name that customers recognize. This type of consolidation is common in the pest control industry, where large companies acquire regional and national competitors to increase scale, route density, and service capabilities. So the correct direction is Rentokil bought Terminix, not the reverse.
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