Initial Tropical Plants
LSE : RTO

Initial Tropical Plants

October 30, 2006 08:00 ET

Initial Tropical Plants Announces Acquisition of Canadian Market Leader, Beach McLeod

Acquisition Achieves Market Leadership Status for Initial Tropical Plants in Canada

RIVERWOODS, IL--(CCNMatthews - October 30, 2006) - Initial Tropical Plants, www.initialplants.com, the largest provider of interior landscaping, design installation and maintenance services to businesses in North America, announces the acquisition of Beach McLeod, a major interior landscaping business in the Toronto area. Beach McLeod was established in 1975 by Susan Beach and Oliver McLeod, and employs over 35 people to service over 600 corporate clients.

"Beach McLeod has gained an enviable reputation in the industry for having a well-trained and motivated staff and long-lasting client relationships," said Jeff Koopmans, Vice President and General Manager for Initial Tropical Plants' Eastern Region in Canada. "Beach McLeod is a highly respected company synonymous with quality and high-touch care," said Linda Hasley, Vice President, Initial Tropical Plants, who spearheaded the acquisition with Koopmans. "We are delighted to welcome Beach McLeod into our fold, as we continue to serve and grow the Canadian market," adds Koopmans.

"While many companies have pursued an acquisition with Beach McLeod, Initial Tropical Plants stood out as a company that values and mirrors our culture which emphasizes outstanding customer service," said Susan Beach, principal and co-founder, Beach McLeod.

This acquisition achieves market-leadership status for Initial Tropical Plants in Canada by increasing the company's portfolio 51% country-wide. Recent Beach McLeod projects include interior landscaping for the University of Toronto's Center for Cellular and Biomolecular Research; Credit Valley Hospital in Mississauga, Ontario; Loblaw Head Office in Brampton, Ontario, and the Town of Oakville Atrium in Oakville, Ontario.

About Initial Tropical Plants:

Initial Tropical Plants, Inc. is the largest provider of interior landscaping, design installation and maintenance services in North America. They have earned this leadership position by providing innovative year-round plant programs to businesses that improve the quality of life in the workplace while presenting an aesthetically pleasing business environment. Initial Tropical Plants is a subsidiary of Rentokil Initial plc, (LSE: RTO), a publicly traded international business-to-business service organization based in the UK. For more information, visit Initial Tropical Plants website at: www.initialplants.com.


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