Linklaters and Latham & Watkins have taken lead roles on Unilever's €390m (£343m) acquisition of an 82% stake in Russian beauty company Concern Kalina.

Linklaters took the lead for Unilever with a team led by Moscow managing partner John Goodwin. Slaughter and May has traditionally been Unilever's primary corporate adviser; however, the consumer goods company has also turned to Linklaters for several mandates in Russia in the past.

Meanwhile, Latham advised the majority owners of longstanding Moscow office client Concern Kalina, providing both English and Russian law advice.

The US firm fielded a corporate team led by Moscow managing partner Chris Allen, who worked alongside corporate associates Lawson Iley, Yulia Dementieva, Mikhail Vardanian and Igor Gavrikov.

Allen said: "The deal had its complexities, but a genuine spirit of co-operation and a reasonable approach from buyer, sellers and their respective financial and legal advisers helped greatly."

Concern Kalina is Russia's largest domestic personal care company. Headquartered in Ekaterinburg, where its manufacturing facility is situated, the company currently employs around 1,900 people. It sells its products primarily in Russia, Ukraine and Kazakhstan.

Earlier this year Unilever sold its Sanex personal care brand to Colgate-Palmolive for €672m (£590m) as well as paying $215m (£132m) for a portfolio of Colgate laundry detergent brands in Colombia. Slaughters took the lead for Unilever on both transactions.