King & Wood Mallesons (KWM) has advised Colgate-Palmolive on the sale of its laundry detergent brands portfolio in Australia, New Zealand and Fiji to Henkel. The portfolio includes well-known brands Cold Power, Dynamo, Sard, Kindness, Spree and Hurricane.

KWM acted as Australian lawyers across all aspects of the deal. Building on KWM’s long history of advising the Colgate-Palmolive in Australia, the deal team worked closely with the Colgate-Palmolive’s Australian legal team of Amber Stanley and Ingrid Stewart.

KWM's multi-disciplinary team was led by partner Scott Bouvier along with Trish Henry, Andrew Gray, Tim Sherman, Malcolm Brennan and Mike Barker.

Commenting on the deal, KWM partner, Scott Bouvier said, “After many years of working together, we are delighted to have been able to support Colgate-Palmolive on this deal. The complex sale brought together a range of specialist expertise from across the firm and we are pleased we were able to support Colgate-Palmolive on this significant sale.”