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Beauty Industry, Beauty Launches, Mergers and Acquisitions

Johnson & Johnson to Acquire NeoStrata

Dermocosmetics brand is known for anti-aging technology.

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.

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