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GlobeNewswire·

Roto-Rooter Completes Acquisitions for Two Significant Territories

CHE
  • Roto-Rooter Services Company, a wholly owned subsidiary of Chemed Corporation, purchased franchise assets in San Francisco, California & Fort Worth, Texas on March 31.
  • The combined purchase price for the two transactions was approximately $20.6 million.
  • The acquired locations collectively serve a population of approximately 3.3 million people.
  • This acquisition aligns with Roto-Rooter's strategy to enhance productivity, market share, & profitability through franchise purchases.
  • Chemed Corporation is headquartered in Cincinnati, Ohio, & operates Roto-Rooter alongside its other subsidiary, VITAS Healthcare.
  • The press release includes standard forward-looking statement disclaimers regarding potential risks to future performance.