Company News, Financial News

Henkel Makes ‘Spotless’ Deal

To buy French household brand for $1.3 billion.

In its second major deal this week, Henkel will purchase French household marketer Spotless in a $1.28 billion (940 million euros) deal, according to reports. Private equity firm BC Partners is involved in the acquisition that will add laundry products such as Dylon and Eau Ecaralate to Henkel’s portfolio.   The deal would slightly lift Henkel's share of the $82 billion global laundry care market to 8.7%, still well behind Procter & Gamble's 26.6% and Unilever's 14.8%, noted ...

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