Creel, Garcia-Cuéllar, Aiza y Enríquez, BMA Advogados and Beccar Varela, acted as part of the team led by Kirkland and Ellis that advised Advent International in the agreement to acquire a controlling stake in Reckitt Benckiser’s Essential Home business. The transaction was signed on Friday, July 18 and the deal remains subject to customary closing conditions and regulatory approvals.

 

The transaction values Essential Home at up to US$4.8 billion, including up to US$1.3 billion in contingent and deferred payments. As part of the agreement, Reckitt will continue supporting the business by retaining a significant 30% minority stake.

 

Essential Home encompasses leading household cleaning and care brands such as Air Wick, Cillit Bang, Calgon, Woolite, and SBP, with presence in over 70 markets. This acquisition strengthens Advent’s consumer goods portfolio and accelerates its positioning in key segments.

Advent’s press release.

Counsels to Advent

Creel. Partners: Eduardo González (M&A), Eduardo Brandt (Tax) and Julio Alvarez (Labor & Employment). Associates: Alejandra Hernandez (Tax) and Manuel Borja (M&A).

BMA Advogados. Partners: Camila Goldberg Cavalcanti (Corporate), Adriana Augusta Dib Fuzinato (Due Diligence), Ana Cândida De Mello Carvalho (Regulatory), Fernanda Abreu Tanure (Environmental), Fernanda Rochael Nasciutti (Labor), Gustavo Maia Do Nascimento (Real Estate), Barbara Rosenberg (Antitrust) and Virginia Pillekamp (Tax). Lawyers: Maria Donati (Corporate), Thamires Da Cas Grande Guerra (Corporate), Thaís Xavier (Due Diligence), Vinícius Rodrigues Da Silva Alves (Due Diligence), Juliana Yuka Suzuki (Regulatory), Ana Carolina Cerqueira Duque (Environmental), Ana Luisa Nascimento Dantas   (Labor), Matheus Pedrosa Hipólito (Real Estate), Maria Amaral De Almeida Sampaio (Antitrust), Fernanda Von Borowski Monteiro Marques (Antitrust), Bruna Silveira De Alencar (Antitrust) and Victória Tortorelli Sampaio (Tax).

Beccar Varela: Partners: Ramón Moyano (M&A), Carolina Serra (M&A), Gustavo Papeschi (Compliance), Enrique López Rivarola (Tax), María Eduarda Noceti (Labor), and Agustín Waisman (Competition & Antitrust). Associates: Luciana Liefeldt (M&A), Gonzalo Ochoa (M&A), Juan Pablo Perrino (Public Law), Tomás López Bisso (Competition & Antitrust), Valentina Pawlow (M&A), Tomás Burllaile (M&A), Belén Ravenna (Public Law), Tomás Caputo (Labor), and Juan Ignacio Pazos (International Trade & Customs).