Ottobock

For the American jurist, see Otto Bock (jurist). For the Danish athlete, see Otto Bock (athlete).

Ottobock SE & Co. KGaA
Company typeSE & Co. KGaA
IndustryOrthopaedic
FoundedJanuary 13, 1919; 105 years ago (1919-01-13) in Berlin, Germany
FounderOtto Bock
Headquarters
Duderstadt
,
Germany
Area served
More than 50 countries
Key people
  • Hans Georg Näder (Chairman of the Board of Directors)
  • Bernd Bohr (Chairman Supervisory Board)
  • Oliver Jakobi (CEO/CSO)
  • Arne Kreitz (CFO)
  • Arne Jörn (COO/CTO)
  • Martin Böhm (CXO)
Productswheelchair, prosthetic, artificial limbs
RevenueIncrease €1.3 billion (2022 [1])
Owner
  • Näder Holding (80%)
  • EQT AB (20%)
Number of employees
8367 (2019)
Websiteottobock.com

Ottobock SE & Co. KGaA, formerly Otto Bock, is an international company based in Duderstadt Germany, that operates in the field of orthopedic technology. It is considered the world market leader in the field of prosthetics and one of the leading suppliers in orthotics, wheelchairs and exoskeletons.[2]

Näder Holding GmbH & Co. KG is entirely owned by the Näder family, direct descendants of the company's founder, Otto Bock. Näder Holding controls 80% of the shares in Ottobock SE & Co. KGaA. The remaining 20% of the shares were previously held by the Swedish financial investor EQT. However, in March 2024, it was announced that Näder Holding had repurchased these shares from EQT for EUR 1.1 billion.[3]

In 2022, the Ottobock Group as a whole generated sales of €1,3 billion.[4] As of 2019 they had 8,367 employees worldwide.[5]

  1. ^ "Ottobock grows by around 12 percent in 2022 – another year of profitable growth". Ottobock. 28 March 2023.
  2. ^ "Ottobock: Weltmarktführer in Prothetik über Innovation | ABA - Invest in Austria". Investinaustria.at. Austrian Business Agency. Retrieved 2 February 2022.
  3. ^ manager (13 March 2024). "Ottobock: Prothesenhersteller um Hans Georg Näder kauft Anteile von EQT zurück" [Ottobock: Prosthetics manufacturer led by Hans Georg Näder buys back shares from EQT]. www.manager-magazin.de (in German). Retrieved 12 August 2024.
  4. ^ Florstedt, Merle (28 March 2023). "Ottobock grows by around 12 percent in 2022 – another year of profitable growth". corporate.ottobock.com. Retrieved 25 March 2024.
  5. ^ Konzernjahresabschluss der Näder Holding GmbH & Co. KG per 31 December 2019, veröffentlicht auf bundesanzeiger.de, retrieved 9 December 2021.