Näder Holding successfully completes buyback of EQT- shares

Owner wants to use accumulated expertise to continue successful growth path

Image Ottobock Logo Rooftop Headquarter Duderstadt

Thursday, 28 March 2024

The Näder Holding has successfully completed the buyback of a 20 per cent stake in Ottobock, a global healthtech company and world market leader in prosthetics, from global private equity firm EQT. The closing of the transaction took place today. The vacancy on the Board of Directors and Supervisory Board resulting from EQT's will be filled. As of today, Ottobock will once again operate as a purely family-owned company with Näder Holding as its 100 per cent owner. This marks the end of the partnership with EQT that began in 2017, during which the company has further professionalized and raised its organizational platform to a new level. Ottobock is continuing its ambitious growth strategy on this strong foundation.

"Everything we do at Ottobock serves our purpose of enabling mobility and quality of life for people. With the successful closing, Ottobock is returning to its roots stronger than ever before. We have taken decisive steps in the last six years, are ready for the capital market and have created a well-structured and globally harmonized organization," says Professor Hans Georg Näder, owner and Chairman of the Board of Directors of Ottobock SE & Co. KGaA. "The foundation for further growth has been laid in every respect. This is the economic engine. We will now pursue our mission with even more vigor."

In the next phase of growth, Ottobock is focusing on developing new fields of application and product innovations from an entrepreneurial perspective - and expanding the NeuroMobility business segment in particular. The now more than 9,000 employees also make a significant contribution to further strengthening the market value. Oliver Jakobi, CEO of Ottobock SE & Co. KGaA, says: "We are a family business through and through. Together with our dedicated employees, we are fit for the future and are looking forward to further major milestones such as the Paralympics this year."

Contact person

Merle Florstedt, Spokeswoman and Head of Corporate Communications
Spokeswoman and Head of Corporate Communications Europe

Merle Florstedt