who owns roto rooter

Roto-Rooter is owned by Chemed Corporation, a publicly traded company based in Cincinnati, Ohio.

Who owns Roto-Rooter?

• Roto-Rooter is a wholly owned subsidiary of Chemed Corporation, which trades on the New York Stock Exchange under the ticker symbol “CHE”.

• Chemed first acquired Roto-Rooter in 1980 and, after a period where Roto-Rooter shares traded publicly with Chemed as majority owner, Chemed bought back all outstanding shares in 1996, returning Roto-Rooter to full subsidiary status.

Quick scoop on ownership history

• 1935: Roto-Rooter was founded and operated independently under the Blanc family.

• 1980: The Blanc family sold Roto-Rooter to Chemed Corporation in a cash/stock deal, shifting control to the Cincinnati-based parent.

• Mid‑1980s–1996: Chemed partially floated Roto-Rooter as a public company while retaining majority control, then reacquired all remaining shares, making it a wholly owned subsidiary again.

Information gathered from public forums or data available on the internet and portrayed here.