Yellow Wood Partners’ Acquisition Of Scholl From Reckitt Benckiser

Slaughter and May advised Reckitt Benckiser Group plc on the deal.

Reckitt Benckiser sold Scholl to Yellow Wood Partners (“Yellow Wood”). The proposed Sale is a step forward in RB’s plan to bring greater focus to its portfolio.

The proposed transaction between RB and Yellow Wood is subject to consultation with RB’s works council in France which RB will now initiate. Subject to that consultation and the satisfaction of relevant closing conditions, it is expected that completion of the Sale would occur by Q3 2021.

Slaughter and May worked closely with the RB in-house legal team, including Sapna Dutta, Senior Vice President, Legal for RB’s Health business division and Nora Kao, Senior Legal Counsel in RB’s Corporate Legal team.

Slaughter and May’s team included Rebecca Cousin (Picture),  Partner, Richard Smith, Partner, Max Schofield, Associate, Sophie Madden, Associate, Gabriel Lim, Associate, Lauren Phare, Trainee, Alexandra Cameron, Trainee, Duncan Blaikie, Partner, Harry Vanner, Associate, Ben Allen, Associate, Mike Lane, Partner, Laura Ridley, Associate, Padraig Cronin, Partner, Simon Clark, Associate, David Wilks, Associate, John Boyce, Partner, Anna Lyle-Smythe, Partner, Will Manley, Associate, Madalina Secareanu, Associate, Rosalind Paulson, Associate, Jane Edwarde, Partner, Ben Redding, Associate, Richard Keczkes, Associate, Azadeh Nassiri, Partner, Rebecca Cousin, Partner and Heather Catchpole, Associate.
 

Involved fees earner: Ben Allen – Slaughter and May; Duncan Blaikie – Slaughter and May; John Boyce – Slaughter and May; Heather Catchpole – Slaughter and May; Simon Clark – Slaughter and May; Rebecca Cousin – Slaughter and May; Padraig Cronin – Slaughter and May; Jane Edwarde – Slaughter and May; Richard Keczkes – Slaughter and May; Mike Lane – Slaughter and May; Gabriel Lim – Slaughter and May; Anna Lyle-Smythe – Slaughter and May; Sophie Madden – Slaughter and May; Will Manley – Slaughter and May; Azadeh Nassiri – Slaughter and May; Rosalind Paulson – Slaughter and May; Ben Redding – Slaughter and May; Laura Ridley – Slaughter and May; Max Schofield – Slaughter and May; Madalina Secareanu – Slaughter and May; Richard Smith – Slaughter and May; Harry Vanner – Slaughter and May; David Wilks – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Reckitt Benckiser;

Author: Federica Tiefenthaler