UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (date of earliest event reported):
October
1, 2018
CHEMED
CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware |
1-8351 |
31-0791746 |
(State or other |
(Commission File Number) |
(I.R.S. Employer |
2600 First Financial Center, 255 East 5th Street, Cincinnati, OH 45202 |
(Address of principal executive offices) (Zip Code) |
Registrant’s
telephone number, including area code:
(513) 762-6690
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. ⃞
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act. ⃞
Page 1 of 3
ITEM 8.01 OTHER EVENTS
On October 1, 2018, Chemed Corporation issued a press release announcing
its Roto-Rooter Services Company subsidiary acquiring five formerly
independent Roto-Rooter franchises covering several areas of Northern
California. A copy of the release is furnished herewith as Exhibit
99.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Page 2 of 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHEMED CORPORATION |
||||
Date: |
October 1, 2018 |
By: |
/s/ Michael D. Witzeman |
|
|
Name: Michael D. Witzeman |
|||
|
Title: Vice President and Controller |
Page 3 of 3
Exhibit 99
Roto-Rooter Buys Five Northern California Franchises – Acquisition is the Company’s Largest to Date
CINCINNATI--(BUSINESS WIRE)--October 1, 2018--Chemed Corporation ("Chemed") (NYSE:CHE) today announced its Roto-Rooter Services Company subsidiary has acquired five formerly independent Roto-Rooter franchises covering several areas of Northern California. This is Roto-Rooter’s largest franchise acquisition to date, with annual sales of $22 million. The territories served by the franchises encompass all or parts of six counties, including Contra Costa, Santa Clara, Solano, Napa, Sonoma and San Benito, with a combined population of approximately four million people. The acquired territories include the cities of San Jose, Santa Rosa, Santa Clara, Sunnyvale, Vallejo, Concord, Fairfield and Napa.
The sale was effective October 1, 2018. Terms of the transaction were not disclosed. This acquisition is part of Roto-Rooter’s ongoing strategy of acquiring franchises to boost productivity, market share and profitability.
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 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:
Chemed Corporation
David P. Williams, 513-762-6901