Vestar Capital to sell Sun Products to Henkel for $3.6 bln

Henkel Consumer Goods Inc, a subsidiary of Henkel AG & Co. KGaA, has agreed to buy The Sun Products Corp from Vestar Capital Partners. The deal is valued at $3.6 billion, including. Wilton, Connecticut-based Sun Products is a North American provider of laundry detergent, fabric softeners and other household products. Brands include all, Sun, Wisk, Snuggle and Sunlight. Morgan Stanley & Co LLC acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sun Products.

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