Withers Bergman advised NeoStrata Company, Inc., a global leader in dermocosmetics, in its recent sale to Johnson & Johnson Consumer Inc. for an undisclosed sum. The acquisition, which included NeoStrata's affiliates and privately held parent company TriStrata, Incorporated, closed on May 27, 2016.
The Withers Bergman deal team included corporate partners M. Ridgway Barker and Patricia M. Lee and tax partners David M. Lehn and Mitchell R. Kops as well as senior associates Jeanne Solomon and Aaron Kriss.
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 that meet the needs of every skin type. Additional details on the deal can be found in this press release.