Ottobock buying Blatchford Norway for €110m
German medical technology group Ottobock is to acquire the Norwegian patient care division of UK-based Blatchford for approximately €110m. The transaction encompasses eight clinical locations and roughly 200 employees, establishing the first direct operational footprint in Norway for Ottobock. The deal reflects a broader consolidation trend within the orthotics and prosthetics sector. Ottobock CFO Arne Kreitz noted that closer integration…
Ottobock IPOs with €4.bn Frankfurt Stock Exchange listing
German prosthetics maker Ottobock successfully completed its initial public offering (IPO) on the Frankfurt Stock Exchange on October 9, marking the largest German IPO since March 2024 and achieving a market valuation of €4.2 billion. Shares opened at €72 —9% above the offer price. The Naeder family (owners of Näder Holding, a management and investment company that is the majority…