Rollins Inc. (ROL), an established consumer and commercial services company, recently announced that it has set up a franchise in Guam through its wholly owned subsidiary Orkin, LLC.
Orkin is an Atlanta based company, and is of one of the leaders in pest control services and protection against termite damage, insects and rodents. Apart from providing services in the U.S., Orkin’s network is spread across a number of international locations as well, such as Canada, Asia, Europe and Mexico. Orkin uses a three-step method to provide its services and has also taken due care to control pests and protect against damages. It has collaborated with the Centers for Disease Control and Prevention (:CDC) and eight major universities to conduct research and spread awareness about the health hazards caused by pests.
Orkin had established its first two international franchises in Africa. The recent set-up in Guam is ideal, given the island’s typical tropical climate. Guam, a territory of the U.S. in the western Pacific Ocean, has unique pest problems persisting throughout the year. Consumers can thus avail of Orkin’s services to control the menace from pests.
The franchise is owned by Dewan Worldwide, Inc., and will provide services to both homeowners as well as businesses. Orkin will provide initial training to the franchise owners from its headquarters in Atlanta.
Rollins Inc. is based in North America and operates through its wholly owned subsidiaries, such as, Orkin Canada, HomeTeam Pest Defense, Western Pest Services and The Industrial Fumigant Company, to provide pest control services.
Rollins currently carries a Zacks Rank#3 (Hold). Other well-positioned stocks in the Business Services sector include Green Dot Corporation (GDOT), TeleTech Holdings Inc. (TTEC) and Fidelity National Information Services, Inc. (FIS), each carrying Zacks Rank#2 (Buy).
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