Rentokil acquires
LR mosquito fighter
Rentokil North America, a pest control company, said Tuesday that it has acquired Vector Disease Acquisition LLC, a holding company that has a Little Rock-based mosquito control and lake-management services division.
Vector Disease Control International, which has its national headquarters in a suite at 1320 Brookwood Drive, has more than 50 offices in 31 states. Founded in 1992, the company and its holding company has been owned by investors Jay Davis and Jason Pananos since 2011.
Vector Disease Control International clients include the U.S. Centers for Disease Control and Prevention and cities, counties and mosquito abatement districts. It specializes in performing annual programs to protect the public from diseases such as the Zika virus, West Nile virus, yellow fever, malaria and dengue fever.
The holding company's lake service division is called SOLitude Lake Management.
Among Rentokil's holdings is Presto-X Pest Control, a regional pest control company that has Arkansas operations based in Conway and Van Buren.
Terms of the transaction were not disclosed.
-- Noel Oman
Environmental firm
adds Bentonville unit
North Little Rock-based Snyder Environmental recently opened offices in Bentonville, the company said in a news release.
The expansion was driven by client requests, the company said Monday. The move coincides with a broader expansion that includes offices in Dallas and new executive hires.
As part of it's growth plan, Snyder Environmental added Zach Farran as the company's business development manager; Mark Campbell as its chief financial officer; Michael Murphy as general manager; and Kerrie Diaz as vice president of marketing.
The company employs about 85 and offers environmental services including asbestos abatement, mold remediation, lead paint removal, dust control, demolition services;,project services and waste management.
-- John Magsam
State index off 0.48
as U.S. equities slip
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 0.48 to 381.25 Tuesday.
"U.S equities declined amid continued concerns on delays in tax reform legislation and a mixed bag of global economic updates," said Bob Williams, senior vice president and managing director of Simmons First Investment Group Inc. in Little Rock.
Total volume for the index was 31 million shares.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 11/15/2017