Slaughter and May is advising Reckitt on the sale of its Infant Formula and Child Nutrition business in China to Primavera Capital Group

Slaughter and May is advising Reckitt Benckiser Group plc ("Reckitt") on the sale of its Infant Formula and Child Nutrition business in China to Primavera Capital Group ("Primavera") for US$2.2 billion. The sale marks another step in Reckitt’s strategy to rejuvenate growth and create long term value.

The proposed transaction between Reckitt and Primavera is structured as a sale of the entirety of Reckitt’s IFCN business in China including its manufacturing plants in Nijmegen, the Netherlands, and Guangzhou, China.  It is subject to consultation with Reckitt's works council in the Netherlands and to certain other customary closing conditions, and it is expected that completion of the sale will occur in the second half of 2021.

Slaughter and May supported Reckitt's in-house legal team, including Rupert Bondy (Group General Counsel), Charlene Lim (Senior Vice President, eRB, VMS & Greater China), John Rix (Senior Counsel – Projects) and Nikita Shah (Senior Legal Counsel – M&A), and worked as a joint team with Nauta Dutilh in the Netherlands (Lieke van der Velden and Anouk Oosterom) and King & Wood Mallesons in China (Xu Ping, Jingchuan Zhao and Li Yan).

Corporate
Richard Smith Partner
James Cook Partner
Chris McGaffin Partner
Jing Chen Partner
Andrew Finogin Associate
Rahul Mehta Associate
Molly Whitehall Associate
Jamie May Associate
Michelle Lam Associate
Richard Dodding Associate

Callum Morganti / Trainee
Ana Mayne / Trainee
Harry Klein / Trainee

IP/IT
Duncan Blaikie Partner
Ian Ranson Associate
Charles MacRae Associate
Inder Dhaliwal Associate
Michaela Peck Associate
David Cakebread Associate
Tax
Mike Lane Partner
Laura Ridley Associate
Competition
Shweta Vasani Associate

Jeff Ward / Trainee
Natalie Goodman / Trainee

Commercial Contracts
Oliver Moir Partner
Bronwen Hutchison Associate
Ben Redding Associate
Iain McCann Associate
Pensions and Employment
Padraig Cronin Partner
Simon Clark Associate