Johnson & Johnson/RoC deal
This article was originally published in The Tan Sheet
J&J completes acquisition of RoC hypoallergenic skin care business from Moet Hennessy Louis Vuitton on Dec. 9. J&J said it is assuming the same relationship with Dermik, the U.S. distributor of RoC products, as RoC had. According to Dermik, the company has an exclusive 10-year joint-venture agreement for distribution of RoC products in the U.S. and Puerto Rico. J&J announced its intention to purchase the RoC business for an undisclosed sum in November ("The Tan Sheet" Nov. 22, p. 10).
You may also be interested in...
Perrigo promotes in pricing, planning
Combe sells most of its OTC brands
Finalization of a settlement between the Federal Trade Commission and Rexall Sundown regarding unsupported cellulite treatment claims for the firm's Cellasene dietary supplement hinges upon approval of two related class action settlements pending in California and Florida, according to FTC