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Terminix enters joint venture with SIS in India
In a move that marks the first non-franchise expansion outside North America for the renowned Pest Control expert, Terminix has entered into a joint venture with Security & Intelligence Services (India) to perform pest and termite control services in India. The joint venture will serve both commercial and residential customers.
"Terminix's joint venture with SIS marks a strategic opportunity to expand our business to one of the most significant, rapidly growing marketplaces in the world," saysTom Brackett, Terminix president and chief operating officer. "Terminix and SIS align on the principle values of customer-centric service, innovation and a strong commitment to quality. This partnership will allow us to grow our businesses based on our proven strengths."
Both parties bring several decades of experience to the relationship. Terminix will provide its valued technical expertise and knowledge of the termite and pest control industry, while SIS will provide its understanding of the Indian marketplace, along with its extensive infrastructure and customer base.
"The joint venture with SIS helps diversify our operations geographically, while opening the door to growth in an important global marketplace," says Hank Mullany, chief executive officer of The ServiceMaster Company, parent company of Terminix.
"This agreement combines the power of the Terminix brand and our technical expertise with the local sales, marketing and service capabilities of a well-established partner in India."
Ravindra Kishore Sinha, founder, chairman and managing director of SIS Group, is delighted with the tie-up. "We are pleased to partner with Terminix, the world leader in pest and termite control," she says. "With access to the company's world class technology and innovative products, we hope to transform the customer experience throughout our service delivery network in India."
Based in New Delhi, SIS Group is the leading business support services and security group operating across India with over 100 offices and more than 52,000 permanent employees. The company serves over 3,000 corporate customers across different industrial segments. Since 1974, SIS has grown its list of offerings from a comprehensive list of security products and services to a wider range of customer solutions, such as janitorial services, mechanised cleaning and vocational training.
In 2008, Terminix's parent company, ServiceMaster, entered into a relationship with SIS through its ServiceMaster Clean brand. ServiceMaster Clean offers commercial and residential cleaning, as well as disaster restoration services in North America and commercial cleaning only in India through SIS.
1st September 2011