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      "text": "Strong M&A growth opportunity – same proven model as Pest Control. Hygiene deals drive better returns than Pest Control: 1.5x vs ~2 - 2.5x in Pest Control (average revenue multiples paid 2016 – 2021 YTD). Proven ability to drive margins through density building. Significant global M&A pipeline is being built across the Hygiene & Wellbeing category. Momentum growing through 2022. Emerging pipeline of c. 80 targets. Open to the potential for larger transactions if available.",
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