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Merz to merge with Ulthera, a non-surgical lift device company

Merz and Ulthera Inc. have entered a definitive merger agreement in which Merz will acquire Ulthera to expand the company’s portfolio in facial aesthetic treatment options, according to a press release.

The $600 million acquisition is the largest in Merz company history, according to the release. Ulthera, founded in 2004, is a global medical device company focused on aesthetic and medical applications using its therapeutic ultrasound platform technology. The Ulthera System has received FDA clearance for lifting skin on the eyebrow, neck and under the chin.

“The aesthetic lift indication differentiates Ulthera from every other energy device available in the market today,” Bill Humphries, president and CEO of Merz North America Inc., said in the press release.

The transaction is expected to close in the third quarter of 2014.