Berlin Industries has been acquired by KOBAYASHI Pharmaceutical Co.Ltd.

Dubilier & Company has sold Berlin Industries to KOBAYASHI Pharmaceutical Co., Ltd. for an undisclosed consideration.

Berlin Industries is a leading innovator and provider of naturally based, effective over-the-counter topical analgesic solutions sold under the Zim’s MAX™ brand. The company offers a complete line of naturally based topical analgesics including gel, roll-on, spray and recently introduced patches. Zim’s MAX Freeze provides temporary relief for minor aches and pains of muscle and joints associated with soreness, arthritis, strains, bruises and sprains.

KOBAYASHI Pharmaceutical manufactures and sells consumer products in Japan and internationally. The company offers OTC pharmaceuticals, oral hygiene products, food products, nutritional supplements, sanitary products, household products, skincare products, body warmers, cooling gel sheets and other items. .

Dubilier & Company is a private investment firm focused on buying and building companies in partnership with management.

Oaklins' team in Los Angeles advised the seller in this transaction.