Advent International to Acquire Reckitt Essential Home in $4.8 Billion Divestment
July 18, 2025
Reckitt Benckiser Group has finalized an agreement with Advent International to divest its Essential Home business for up to $4.8 billion, while retaining a 30% stake. The carve-out includes brands such as Air Wick and Woolite and the transfer of six manufacturing plants, with the transaction expected to close by December 31, 2025, subject to regulatory approvals.
- Buyers
- Advent International
- Targets
- Reckitt Essential Home (Essential Home business including Air Wick and Woolite)
- Sellers
- Reckitt Benckiser Group
- Industry
- Consumer Products
- Location
- United States
- Transaction Type
- Divestiture
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