Business
Completion of Divestment
Reckitt Benckiser Group plc has completed the divestment of its Essential Home business to Advent International, L.P., retaining a 30% equity stake in the acquisition vehicle. Reckitt anticipates returning approximately US$2.2 billion to shareholders via a special dividend and share consolidation, details of which are expected around January 7, 2026, in addition to its ongoing share buyback program and ordinary dividend policy. This strategic move aims to simplify Reckitt's operations and focus on its core portfolio of high-growth, high-margin Powerbrands within the consumer health and hygiene sector. Disclaimer*
About this update from Reckitt Benckiser Group Plc
[{"type":"text","content":"\n\n31 December 2025\nRECKITT COMPLETES DIVESTMENT OF ESSENTIAL HOME\n \n(London, UK, 31 December 2025): Following the announcement on 18 July 2025, Reckitt Benckiser Group plc (\"Reckitt\") is pleased to announce that it completed the divestment of its Essential Home business to Advent International, L.P. (\"Advent\") on 31 December 2025. Reckitt retains an interest in Essential Home through a 30% equity stake in Advent's acquisition vehicle.\n \nAs previously communicated and subject to shareholder approval, Reckitt expects to return excess capital from the divestment to shareholders. A circular and notice of general meeting setting out details of the proposed c.US$2.2 billion special dividend and associated share consolidation is expected to be issued on or around 7 January 2026. This return is in addition to Reckitt's ongoing share buyback programme and ordinary dividend policy.\n \nCommenting on the divestment, Kris Licht, Reckitt Chief Executive Officer said: \n\"The completion of the divestment of Essential Home is a major step forward in our strategy, moving Reckitt towards becoming a simpler, more effective world-class consumer health and hygiene company focused on a core portfolio of high-growth, high-margin Powerbrands. I want to thank all our Essential Home colleagues for their contributions to Reckitt and wish them well for the future.\" \n \nNotes:\nEssential Home will be excluded from Reckitt's Like-for-Like Net Revenue growth percentages for FY 2025 financial reporting, in line with the Group's published Alternative Performance Measure (APM) polices for disposals completed during the year.\n \n \n\nEnquiries:\nInvestors and Analysts:\nNick Ashworth +44 (0)7408 812350\nJon Bone  ...