04.28.16
As sales in the dermocosmetics market continues to grow, Johnson & Johnson Consumer Inc. has announced that it has entered into a definitive agreement to acquire NeoStrata Company, Inc., termed “a global leader in dermocosmetics.” The acquisition will include NeoStrata’s affiliates and parent company TriStrata, Incorporated, a privately held company. Financial terms were not disclosed.
NeoStrata, based in Princeton, N.J., has a history of innovation that includes breakthrough research in Alpha hydroxy acids, which have become a standard among anti-aging technologies in the beauty category. The company develops and markets a range of clinically proven, dermatologist-developed, skin care products to meet the needs of every skin type.
J&J also owns the Neutrogena brand.
NeoStrata, based in Princeton, N.J., has a history of innovation that includes breakthrough research in Alpha hydroxy acids, which have become a standard among anti-aging technologies in the beauty category. The company develops and markets a range of clinically proven, dermatologist-developed, skin care products to meet the needs of every skin type.
J&J also owns the Neutrogena brand.
