NYSE:CHEHealthcare
How Investors Are Reacting To Chemed (CHE) Expanding Roto-Rooter’s In-House Operations In Key Urban Markets
Chemed’s subsidiary Roto-Rooter recently acquired the territory and assets of its San Francisco, California and Fort Worth, Texas franchises for about US$20,600,000, continuing its program of bringing more operations in-house.
This move expands Roto-Rooter’s direct control in two sizable urban markets, potentially affecting productivity, market share and overall business mix within Chemed.
We’ll now explore how Roto-Rooter’s latest territorial expansion fits into Chemed’s broader...