Dyno-Rod Accused Of Bully Boy Tactics By Franchises

Daily Mail:

Drain unblocking firm Dyno-Rod is giving its franchisees a stark choice – invest thousands of pounds or sell your business back to the company.

The Hobson’s Choice is being offered as part of an aggressive restructuring process called ‘Project Obama’.
But the Mail understands some firms who cannot afford the investment and have instead decided to sell are being offered below market valuations by Dyno-Rod for their businesses.

Franchisees are fearful at speaking out against the strong-arm tactics, with Dyno-Rod lawyers insisting secretive confidentiality agreements must be signed.

Dyno-Rod, which is owned by British Gas and made a £3.8m profit last year, is gearing itself up in preparation for Government plans to transfer ownership of private sewers from householders to water companies next year.

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