Reckitt sells majority stake in Air Wick and Cillit Bang arm Retail Reckitt Benckiser has agreed to sell its Essential Home business to private equity investor Advent International for $4.8bn (£3.6bn). Essential Home includes the brands Air Wick, Calgon, Woolite and Cillit Bang. The FTSE 100 giant, which will retain a 30 per cent equity stake in the business, has been reshaping its business to focus on “11 high-growth, high-margin [...]
