Ellman International (www.ellman.com), maker of radiofrequency technologies for surgical and aesthetic procedures has acquired the assets of Sandstone Medical Technologies, a leader in the aesthetic laser and IPL technology field. The transaction enhances Ellman's presence in the aesthetic market with laser and intense pulsed light (IPL) technologies and merges Sandstone’s line of affordable laser systems with Ellman’s aesthetic and surgical RF product portfolio.
“Sandstone is an ideal fit to further the growth of our franchise. We have complementary businesses that focus on delivering physicians high-quality, value-based products and we believe we are well positioned to capitalize on this $1.8 billion and growing global market opportunity,” said Frank D'Amelio, CEO of Ellman International. “We expect this acquisition to accelerate our growth and penetration of the aesthetic market."
Sandstone’s portfolio fulfills a largely unmet market need for value based products at a price under $50,000. Sandstone founder and president, Mark Rohrer, has joined the Ellman management team as Executive Vice President, Aesthetics.