U.S. private equity firm Advent in exclusive talks for Reckitt’s home unit

June 12, 2025 02:01 AM AEST | By Investing

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U.S. private equity firm Advent in exclusive talks for Reckitt’s home unit — Image source: Kalkine Media

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Investing.com -- Britain’s Reckitt is in exclusive discussions with private equity firm Advent International regarding the sale of its Essential Home business, according to a Reuters report on Wednesday.

The deal for the business unit, which makes Air Wick fresheners and Cillit Bang cleaners, can reportedly be announced in the coming weeks. Reckitt may also choose to keep a minority stake in the Essential Home division as part of the arrangement.

The report noted that there is still a possibility that the negotiations might not result in a completed transaction.

Neither company has made public statements about the potential deal at this time.

This article first appeared in Investing.com

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