Press Releases June 8, 2026 03:15 PM

Roto-Rooter Buys Franchise Territory in Corpus Christi, Rio Grande Valley, and Beaumont, Texas

Chemed Corporation Expands Roto-Rooter Presence with $12 Million Acquisition in South Texas

By Leila Farooq
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Chemed Corporation, through its subsidiary Roto-Rooter Services Company, has acquired a former independent Roto-Rooter franchise covering 21 counties in south Texas including Corpus Christi, McAllen, Laredo, and Brownsville for approximately $12 million. This acquisition strengthens Chemed's market position in the Texas plumbing sector and expands its service footprint in a key regional market.

Roto-Rooter Buys Franchise Territory in Corpus Christi, Rio Grande Valley, and Beaumont, Texas
CHE
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Key Points

  • Chemed Corporation acquired a Roto-Rooter franchise covering 21 counties in south Texas for about $12 million.
  • The acquisition includes key cities such as Corpus Christi, McAllen, Laredo, and Brownsville, enhancing regional service capabilities.
  • This move bolsters Roto-Rooter's status as the leading plumbing and drain cleaning service provider in the United States.

CINCINNATI, June 08, 2026 (GLOBE NEWSWIRE) -- Roto-Rooter Services Company, a wholly owned subsidiary of Chemed Corporation ("Chemed") (NYSE: CHE) announced it has acquired a formerly independent Roto-Rooter franchise serving 21 counties in south Texas for approximately $12.0 million. The service area includes the cities of Corpus Christi, McAllen, Laredo and Brownsville, Texas.

Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, Chemed Corporation (www.chemed.com) operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. VITAS is the nation's largest provider of end-of-life hospice care and Roto-Rooter is the nation’s leading provider of plumbing and drain cleaning services.

Statements in this press release or in other Chemed communications may relate to future events or Chemed's future performance. Such statements are forward-looking statements and are based on present information Chemed has related to its existing business circumstances. Investors are cautioned that such forward-looking statements are subject to inherent risk and that actual results may differ materially from such forward-looking statements. Further, investors are cautioned that Chemed does not assume any obligation to update forward-looking statements based on unanticipated events or changed expectations.

CONTACT: 
Michael D. Witzeman
(513) 762-6714


Risks

  • Forward-looking statements in the press release highlight potential risks that actual results may differ from expectations due to changing business circumstances.
  • Integration challenges or operational risks associated with incorporating the newly acquired territory may impact future performance.
  • Economic fluctuations in the south Texas region could affect demand for plumbing services, influencing profitability.

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