Ottobock

Last updated

Ottobock SE & Co. KGaA
Company type SE & 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)
Products wheelchair, prosthetic, artificial limbs
RevenueIncrease2.svg €1.3 billion (2022 [1] )
Owner
  • Näder Holding (80%)
  • EQT AB (20%)
Number of employees
8367 (2019)
Website ottobock.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]

Contents

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]

History

Foundation of the company from 1919

The company was founded on January 13, 1919 [6] under the appellation Orthopädische Industrie GmbH, headquartered in Berlin. Initiated by a group surrounding a manufacturer named Otto Bock, who hailed from Krefeld, [7] its objective was to supply prostheses and orthopedic products to the many thousands of war invalids of World War I. [8] Bock acted as production manager during this phase.

In 1920, production operations were relocated to Königsee in Thuringia, where at times, a workforce of up to 600 people was employed. Faced with high demand that could not be met with traditional handicraft or artisanal methods, Otto Bock began the mass-production of prosthetic components, thus laying the foundation for the orthopedic industry. Bock moved into the management of the company in 1924 and finally took over as sole managing director in 1927. [7] With the evolution of the industry, new materials began to be used in production, notably aluminum, which found early application in prosthetic construction during the 1930s.

National Socialist era 1933-1945

In May 1933, Bock joined the NSDAP. During the 1930s he became a supporting member of the SS. He paid a monthly contribution of six Reichmarks, according to his own account, until 1938. At the end of 1933, Bock had Orthopädische Industrie GmbH liquidated and paid out the remaining shareholders. The company was renamed Orthopedic Industry Otto Bock in Königsee. [8] [7]

Max Näder, after completing his secondary education in 1935, commenced his professional journey by undertaking training as an orthopedic mechanic and industrial clerk at Otto Bock. During his later studies in Berlin, he became part of the National Socialist German Student Association (NSDStB). During the African campaign, Näder was awarded the Iron Cross II Class. [7] In 1943, during a period of wartime reprieve, he entered into matrimony with Marie Bock, the younger sister of Otto Bock.

During the tumult of World War II, the company resorted to the utilisation of forced laborers to sustain its operational endeavors. [9] A company chronicle quotes former employees as saying that from 1942 onwards, around 100 Russian women aged between 18 and 22 were employed in the bandage, sewing and timber departments. Letters from Marie Bock also suggest that the entrepreneurial family used forced labourers not only in the company but also in the private household. [7]

1946-1989

After World War II, when all the family's private assets as well as the factory in Königsee had been confiscated by the Soviet occupiers, [9] the company settled in Duderstadt in southern Lower Saxony in 1946. [10] In 1950, plastics were introduced into production for the first time. The invention of a braking knee joint with high stability, called the Jüpa knee, brought the economic breakthrough after 1949. [11] Together with a newly developed balance device and two other apparatuses for prosthetic alignment, it was also in demand on the American market. In 1955, Ottobock exported the first 500 Jüpa knees to the U.S. [12] [13] The establishment of an American branch in Minneapolis in 1958 marked the beginning of the company's international sales structure.

In 1965, Max Näder introduced myoelectric arm prostheses to the market. For the first time, light and fragile as well as heavy objects could be grasped with them. In myoelectrics, weak electrical voltages control the prosthesis. [14] [15] Another development was a fitting solution for modular leg prostheses. The pyramid adapter, patented in 1969, connects the prosthetic foot, knee joint and stem and allows static corrections as well as the exchange of the modules. It remains an integrative element of innovative joints to this day. [16]

1990 until today

Science Center Medizintechnik in Berlin Science Center Medizintechnik Berlin.jpg
Science Center Medizintechnik in Berlin

After reunification, Hans Georg Näder took over the management of the family company from his father Max Näder, the son-in-law of company founder Otto Bock, in 1990. In the same year, the company was able to reacquire the old Ottobock site in Königsee. Today, manual wheelchairs, power wheelchairs, rehabilitation products for children and seat shell bases are produced at the former headquarters.

After a five-year development period, the world's first microprocessor-controlled knee joint, the C-Leg, was presented at the World Prosthetics Congress in Nuremberg in 1997. [17] The company's 90th anniversary was also marked by the launch of the C-Leg.

To mark the company's 90th anniversary, the newly built Science Center Medical Technology was inaugurated in Berlin in June 2009. [6] Until 2019, this building near Potsdamer Platz served both as a venue for the public exhibition Begreifen, was uns bewegt, and as a venue for congresses and seminars. [18] On January 1, 2009, the subsidiary Otto Bock Mobility Solutions GmbH based in Königsee emerged from the HealthCare division. At the end of 2011, the old logo with the original signature of Otto Bock was replaced by a new international logo. [19]

Advancements in electronic knee joint components and mechatronic prosthetic feet, led to enhanced individual fitting and personalised care for recipients. In 2011, these technological improvements enabled prosthetic users to walk backwards safely, overcome obstacles, or climb stairs in alternating steps for the first time. [20]

In 2016, Ottobock was banned from operating in parts of Bosnia following an investigation by the Centre for Investigative Reporting that revealed the company was implicated in a scandal involving the misuse of public health funds in which prosthetic limb users were forced to buy Ottoboc's products. [21] [22]

In February 2017, Ottobock purchased the myoelectric arm or hand prostheses developed under the product name BeBionic from the British medical technology company Steeper. Since May 2017, the prostheses have been part of Ottobock's product range. [23] [24] In April 2017, Ottobock acquired Boston-based BionX Medical Technologies that manufactured a prosthetic foot and ankle product that utilises robotics technology. [25] In June 2017, Swedish venture capitalist, EQT, acquired a 20 percent stake in Ottobock. [26]

In 2018, Ottobock expanded its presence in the orthopaedic technology market, acquiring a 51 percent stake in Pohlig GmbH, a medium-sized orthopedic company based in Traunstein, Bavaria, and one of the most important orthopedic technology companies in Germany. [27] In the same year, Pohlig GmbH became a wholly owned subsidiary of Ottobock. [28]

During the period from 2012 to 2018, Hans Georg Näder withdrew substantial sums from Ottobock, exceeding the company's generated profits. [29] [30] This financial practice led to a significant decline in Ottobock's equity ratio, which dropeed from 50% in 2011 [31] to 16% by 2021. [32]

In late 2018, Ottobock's subsidiary, Sycor, planned a merger with the IT service provider Allgeier Enterprise Services. [33] However, Ottobock cancelled the merger at the beginning of 2019. [34] Following a series of acquisitions, Ottobock reported in 2019 that for the first time in its history the company's sales exceeded €1 billion. [35] [36]

In November 2019, Ottobock was compelled to sell the U.S.-based prothesis manufacturer Freedom Innovations LLC and divest all assets acquired via its purchase of the industry competitor in 2017. [37] This sale was mandated after the U.S. Federal Trade Commission (FTC) filed an anti-competitive complain against Ottobock for breaking competition laws, incurring a damage of €78.1 million to Ottobock. [38] [39] [37] The shares of Freedom Innovations were subsequently acquired by the French prosthesis manufacturer Proteor. [40] In December 2019, the European Investment Bank (EIB) announced that it will provide up to €100 million to Ottobock to support the company's development of new products. [41]

In 2018, Ottobock's new generation of orthoses incorporated sensor technology to regulate the stance and swing phases of the leg throughout the gait cycle, enabling an almost natural walking pattern. [42] Additionally, the company introduced an exoskeleton, the first product of the new Ottobock Bionic Exoskeletons business unit, designed to reduce strain during overhead work. [43] [44] Ottobock expanded its exoskeletons business after acquiring US-based exoskeleton startup SuitX, a spinoff from Berkeley Robotics and Human Engineering Laboratory, in November 2021. [45]

At the end of 2021, Ottobock announced plans for an initial public offering (IPO) slated for 2022. [46] [47] However, this IPO was repeatedly postponed throughout the following year, accompanied by significant changes in the company's executive leadership. [48] By the end of 2022, Handelsblatt reported that the IPO had been abandoned due to unfavourable market conditions and that the financial investor EQT was considering a direct sale of its shares. [49] [50]

In May 2020, an Ottobock subsidiary based in Russia was fined by Russian anti-monopoly authorities for suspected cartel collusion which gave Ottobock and its co-conspirators a monopoly over state tenders for prosthetics, worth 168.1 million Russian Roubles. [51] [52]

In June 2023, it was announced that EQT, with the assistance of JP Morgan, had initiated the sale of its 20% stake in Ottobock. Additionally, a 10% stake held by Hans Georg Näder was included as part of the planned transaction. [53] In December 2023, Näder Holding declared its intention to repurchase all of its shares. This buyback was completed in March 2024, [54] [55] with Näder securing €1.1 billion in credit funds for the transaction. [56] Prior to the buyback, Hans Georg Näder sold his company Sycor, which had acquired Näder Ventures GmbH from Ottobock at the beginning of 2021. [57]

In March 2023, Ottobock expanded its operations by acquiring the Brillinger chain of medical supply stores. [58] That same month, Cranial Technologies filed a patent infringement lawsuit against Ottobock and Active Life, alleging that the companies used a patented process for 3D printing certain components of infant cranial helmets without authorisation. [59]

Corporate affairs

Ownership

The largest shareholder of Ottobock SE & Co. KGaA is Näder Holding GmbH & Co. KG, which is headquartered in Duderstadt. It is 100 percent owned by the owner family Näder, the direct descendants of the company founder Otto Bock. A further 20 percent is held by the Swedish financial investor EQT. [60]

Hans Georg Näder has publicly stated that he intends to float Ottobock via an initial public offering (IPO) scheduled for 2022, despite previously announcing the intention to take Ottobock public in 2015. [61] [62] In February 2022, the company delayed the IPO to September 2022. [63] According to Reuters , Ottobock announced in May 2022 that it would not pursue the IPO due to market conditions, while company insiders claimed the company is unlikely to reach the target valuation of five to six billion euros. [64]

Management

The Board of Directors manages the business of Ottobock SE & Co. KGaA and determines the basic guidelines and strategic direction of the company. It consists of four non-executive directors and currently two of the four executive directors (CEO/CSO and CFO). The Chairman of the Board of Directors is Hans Georg Näder. [65]

The company's Supervisory Board is European co-determined and consists of six shareholder representatives and four employee representatives. It monitors the activities of the board of directors. The supervisory board is chaired by Bernd Bohr, long-time head of the automotive division of the Bosch Group. [66] Other members include Gesche Joost and Michael Kaschke. [67] [68]

Since July 2022, the company has been managed operationally by four executive directors: Oliver Jakobi, chief executive officer (CEO) and chief revenue officer (CRO), [69] Arne Kreitz, chief financial officer (CFO), [70] Arne Jörn chief operating officer (COO) and chief technology officer (CTO) and Martin Böhm chief experience officer. [71] [72]

This leadership transition followed a significant restructuring by Hans Georg Näder, who ousted three of the four previous managing directors from the company over a period of three days following the intervention by Hans Georg Näder, who opposed with the plan to take the company public in 2022. [73] These were namely Philipp Schulte-Noelle, Kathrin Dahnke, and Andreas Goppelt. Philipp Schulte-Noelle is a former senior executive of German healthcare public company Fresenius, who was appointed as the CEO of Ottobock in 2019 amid the plan to take Ottobock public. [74] Kathrin Dahnke was hired by Ottobock in July 2021 after she left her position as CFO at German electric lights manufacturer Osram. [75] Kathrin Dahnke told reporters just days before her departure that Ottobock still intends to go public. [76]

Locations

By February 2022, the company had expanded its operations to a total of almost 52 sites distributed across North and South America, Europe, Asia, Africa and Australia. Ottobock SE & Co. KGaA is the global market leader in technical orthopedics/prosthetics, with sales and service locations in more than 50 countries. [77]

At the end of 2022, Ottobock employed over 9,000 people worldwide. The company's corporate headquarters are located in Duderstadt, Germany, with additional German locations in Königsee, Hanover, Traunstein, and Berlin. A competence center and research and development workshop are situated in Göttingen. [78] Ottobock maintains research and development facilities in other locations, including Duderstadt, Salt Lake City, and Vienna. [79]

Products and Business Areas

Prosthetics and orthotics

Since its inception, Ottobock has concentrated on developing prosthetic devices, [80] and it has emerged as a global leader in the field of exo-prosthetics. [81] [82] Another focus area is orthotics, specifically designing devices that help individuals with partial leg paralysis regain mobility. [83]

NeuroMobility

Ottobock's NeuroMobility division focuses on neuro-orthotics solutions alongside its rehabilitation and wheelchair business segments. Since 2018, the development of high-tech wheelchairs has been undertaken at the company's facility in Berlin. [84] Before production begins, these wheelchairs undergo rigorous testing on a specialised test track and in an integrated workshop to ensure quality and functionalist. The production of the wheelchairs takes place in Königsee, Thuringia, where Ottobock maintains its manufacturing operations. [85] [86]

Patient Care

Ottobock operates more than 340 care centres worldwide. [87] Additionally, the company continuously optimises processes within its orthopaedic workshops to enhance the quality and effectiveness of its treatments, orthotics and prosethic products.

Bionic Exoskeletons

In 2018, Ottobock established a new business division focusing on biomechanics, specifically through its Ottobock Bionic Exoskeletons unit. This division specialises in developing and marketing exoskeletons designed for use in industrial work settings to support people in physically demanding work, [88] such as the automotive sector and smartphone manufacturing. [89] The exoskeletons relieve strain on muscles and joints, for example during overhead work or heavy lifting activities.

In October 2021, Ottobock completed the acquisition of the US company SuitX. SuitX is a spin-off from the Robotics and Human Engineering Lab at the University of California, Berkeley, and focuses on the research and development of exoskeletons for both professional and medical applications. The acquisition aims to enhance Ottobock's development and distribution efforts in the exoskeleton technology space. [90] [91]

Ottobock Science Center

In 2009, Ottobock reestablished its presence in Berlin by opening the Science Center at Potsdamer Platz, marking a return to the city where the company was originally founded in Kreuzberg in 1919. [92] The Science Center served as Ottobock's representative office and showroom in the capital for nine years. [93] During its operation, it attracted over one million visitors from around the globe to its interactive exhibition, "Begreifen, was uns bewegt" ("Understanding What Moves Us"). [94] In the summer of 2018, Ottobock relocated to the renovated former Bötzow Brewery buildings, leading to the closure of the Science Center Berlin to the public. [95] [96]

Ottobock Future Lab

Ottobock established a digital think tank known as the Ottobock Future Lab at the Bötzow Brewery, once Berlin's largest private brewery. [97] After acquiring the site in 2010, Ottobock initiated a revitalization project based on a master plan designed by architect David Chipperfield. [98] [99] This redevelopment blended modern working environments with the brewery's historic brick and industrial architecture. [100] The Future Lab serves as a hub where new products, technologies, and supply solutions are developed and tested by cross-functional teams. The site hosts a variety of digital start-ups and also houses employees from departments including IT, Human Resources, Marketing, Corporate Strategy, Corporate Communications, and Public Affairs.

Paralympic Games

An Ottobock technician repairs a wheelchair at the 2016 Paralympic Games in Rio de Janeiro Ottobock at the Rio Paralympic Games (1).jpg
An Ottobock technician repairs a wheelchair at the 2016 Paralympic Games in Rio de Janeiro

Ottobock is an official global partner to the International Paralympic Committee (IPC) [101] since 2005, [102] and has been providing technical services at the Paralympic Games since the Summer Games in Seoul, 1988. [103]

As an official technical service partner at the Paralympic Games, Ottobock provides support to athletes by offering services free of charge. Many athletes rely heavily on technical aids that undergo extreme stresses, especially wheelchairs in contact sports, which often suffer damage. [104] To address this, Ottobock deploys a technical team on-site during the games and establishes workshops near the Paralympic village, and at key training and competition venues. [105] The team performs repairs and maintenance on equipment, servicing athletes' regardless of nationality or the brand of aids used. [106] [107]

Advertising partners in this area include paralympians Johannes Floors, [108] Léon Schäfer, Anna Schaffelhuber [109] and Heinrich Popow. [110]

The 2016 Paralympic Games in Rio de Janeiro marked the 13th games at which Ottobock provided technical services. [111] This involved shipping 18 tonnes (18 long tons; 20 short tons) of equipment, including 15,000 spare parts, 1,100 wheelchair tyres, 70 running blades and 300 prosthetic feet, 300 kilometres (190 mi) from Duderstadt to the port at Bremerhaven, 10,100 kilometres (6,300 mi) by sea to Santos, and then 500 kilometres (310 mi) by road to Rio de Janeiro. [112] At Seoul in 1988, four Ottobock technicians carried out 350 repairs; [103] in Rio de Janeiro in 2016, 100 technicians from 29 countries speaking 26 languages carried out 3,361 repairs for 1,162 athletes, including 2,745 repairs to wheelchairs, 438 to prosthetics, and 178 to orthotics. [112]

In Rio on 10 September, the IPC's president, Sir Philip Craven, announced that Ottobock had agreed to extend its world-wide partnership to the end of 2020, encompassing the 2020 Paralympic Games in Tokyo. [113]

Related Research Articles

<span class="mw-page-title-main">Council communism</span> Form of left-wing communism developed in the Netherlands and Germany

Council communism or Councilism is a current of communist thought that emerged in the 1920s. Inspired by the November Revolution, council communism was opposed to state socialism and advocated workers' councils and council democracy. It is regarded as being strongest in Germany and the Netherlands during the 1920s.

<span class="mw-page-title-main">Duderstadt</span> Town in Lower Saxony, Germany

Duderstadt is a city in southern Lower Saxony, Germany, located in the district of Göttingen.

<span class="mw-page-title-main">Symrise</span> German chemical company

Symrise AG is a German chemicals company that is a major producer of flavours and fragrances with sales of €4.618 billion in 2022. Major competitors include Givaudan, Takasago International Corporation, International Flavors and Fragrances and Döhler. Symrise is a member of the European Flavour Association. In 2021, Symrise was ranked 4th by FoodTalks' Global Top 50 Food Flavours and Fragrances Companies list.

The Federation of German Scientists - VDW is a German non-governmental organization.

Kammersänger or Kammersängerin, abbreviated Ks. or KS, is a German honorific title for distinguished singers of opera and classical music. It literally means "chamber singer". Historically, the title was bestowed by princes or kings, when it was styled Hofkammersänger(in), where Hof refers to the royal court.

<span class="mw-page-title-main">Matthias Habich</span> German actor

Matthias Habich is a German actor who has appeared in more than 110 film and television productions since 1965. Habich was born in Danzig and lives in Paris.

<span class="mw-page-title-main">Paralympic World Cup</span> Annual international multi-sport event

The Paralympic World Cup is an annual international multi-sport event for elite athletes with a disability, that has been hosted in Manchester, England, since 2005. It is organized by the British Paralympic Association (BPA) in coordination with the International Paralympic Committee (IPC).

The Garte Valley Railway or Göttingen Narrow Gauge Railway, was a narrow-gauge rail line that served to connect the area east of the city to Göttingen, Lower Saxony, Germany, from 1897 through 1959.

Homayoon Kazerooni is an Iranian-born American roboticist, mechanical engineering, and professor. He serves as a professor of mechanical engineering, and the director of the Berkeley Robotics and Human Engineering Laboratory at the University of California, Berkeley. Kazerooni is also the co-founder of Ekso Bionics and SuitX. As a noted authority on robotics, he is frequently profiled and quoted in the media.

The Michelangelo Hand is a fully articulated robotic hand prosthesis developed by the German prosthetics company Ottobock and its American partner Advanced Arm Dynamics. It is the first prosthesis to feature an electronically actuated thumb which mimics natural human hand movements. The Michelangelo Hand can be used for a variety of delicate everyday tasks, was first fitted to an Austrian elective-amputee in July 2010 and has been in use by military and civilian amputees in the United States and United Kingdom since 2011.

The Stone Rider is a 1923 German silent drama film directed by Fritz Wendhausen and starring Rudolf Klein-Rogge, Lucie Mannheim and Gustav von Wangenheim. It was shot at the Babelsberg Studios in Berlin.

The Pride of the Company is a 1926 German silent comedy film directed by Georg Jacoby and starring Reinhold Schünzel, Georg H. Schnell and Camilla Spira.

<i>Escapade</i> (1936 film) 1936 film

Escapade is a 1936 German romantic comedy film directed by Erich Waschneck and starring Renate Müller, Georg Alexander and Grethe Weiser. It was shot at the Halensee Studios in Berlin. The film's sets were designed by the art directors Otto Erdmann and Hans Sohnle. It is based on the 1891 novel My Official Wife by Richard Henry Savage.

<i>The Woman Everyone Loves Is You</i> 1929 film

The Woman Everyone Loves Is You is a 1929 German silent film directed by Carl Froelich and starring Henny Porten, Fritz Kampers and Paul Hörbiger. The film's sets were designed by Gustav A. Knauer and Willy Schiller.

<i>Dont Play with Love</i> 1949 film

Don't Play with Love is a 1949 West German comedy film directed by Hans Deppe and starring Lil Dagover, Albrecht Schoenhals and Bruni Löbel. It was shot at the Althoff Studios in Berlin. The film's sets were designed by the art director Willi Herrmann.

<span class="mw-page-title-main">Kunsthaus Göttingen</span> Exhibition House for contemporary art

Kunsthaus Göttingen is an exhibition space in Göttingen, Germany. Its focus is on contemporary art for works on paper, photography, and new media with an international emphasis. The Kunsthaus is part of KuQua.

<span class="mw-page-title-main">The Heinz Sielmann Foundation</span> Non-profit organization in Germany

The Heinz Sielmann Foundation is a charitable organization based in Duderstadt, Germany. The organization has the official motto "Diversity is our nature" and it introduces people, especially children and young people, to a positive approach towards the nature through its programs involving interpersonal experiences. It also spreads public awareness about nature and its need for protection and carries out the preservation of the Heinz Sielmann archive of nature photographies/films.

<i>Before God and Man</i> 1955 film

Before God and Man is a 1955 West German drama film directed by Erich Engel and starring Viktor de Kowa, Antje Weisgerber and Hans Söhnker. It was shot at the Tempelhof Studios in West Berlin. The film's sets were designed by the art directors Emil Hasler and Walter Kutz.

Scout24 SE is a German publicly-listed digital company headquartered in Munich, operating the online marketplace ImmoScout24. The ImmoScout24 multi-platform attracted over 20 million visitors monthly in Germany in 2021, either through the website or the app.

Hans Georg Näder is a German entrepreneur and Managing Partner of Ottobock.

References

  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.
  6. 1 2 "Meilensteine unserer Geschichte" [Milestones in our history]. Ottobock.de (in German). Retrieved 2 February 2022.
  7. 1 2 3 4 5 Palan, Dietmar (21 July 2023). "Ottobock: Die unbekannte Nazivergangenheit des Prothesenkönigs" [Ottobock: The unknown Nazi past of the prosthetics king]. www.manager-magazin.de (in German). Retrieved 28 October 2023.
  8. 1 2 Lorenz Maroldt (1 September 2013), "Mit Holzbeinen nach Berlin", Der Tagesspiegel Online (in German), ISSN   1865-2263 , retrieved 2 February 2022
  9. 1 2 Jonas Viering: Weg vom Mitleid. In: Die Zeit , Nr. 12/2009
  10. ↑ "Firmengeschichte des Prothesenherstellers Otto Bock Mit Holzbeinen nach Berlin" [Company history of the prosthesis manufacturer Otto Bock With wooden legs to Berlin]. Der Tagesspiegel (in German). 1 September 2013. Retrieved 28 July 2016.
  11. ↑ Kaspar, Almut. "100 Jahre Meister der Prothetik. In: berliner-wirtschaft.de. Industrie- und Handelskammer zu Berlin" [100 years of master of prosthetics. In: berliner-wirtschaft.de. Chamber of Industry and Commerce of Berlin]. www.berliner-wirtschaft.de (in German). Retrieved 2 February 2022.
  12. ↑ Alfred Weinzierl (2 May 2017), "Otto-Bock-Chef Hans Georg Näder: Unternehmer, Draufgänger, Weltbürger", Der Spiegel (in German), ISSN   2195-1349 , retrieved 2 February 2022
  13. ↑ "Menschen Mobilität zurückgeben - damals wie heute das Ziel - Wirtschaft & Finanzen - Göttinger Tageblatt" (in German). Retrieved 2 February 2022.
  14. ↑ "Seit Ende der 60er befasst sich Ottobock mit der Myoelektrik" (in German). Retrieved 2 February 2022.
  15. ↑ "Im Portrait: 100 Jahre Ottobock – eine Geschichte der modernen Orthopädietechnik". Healthcapital.de (in German). October 2019. Retrieved 2 February 2022.
  16. ↑ T. Schmalz, J. Sottong, M. Bellmann, C. Moenicke (2 June 2016). "Ein neuartiger Prothesenfuß für den Breitensport – erste Erfahrungen und Resultate biomechanischer Tests". Orthopädie Technik (in German). Retrieved 2 February 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  17. ↑ "Prothesensystem C-Leg schreibt einzigartige Erfolgsstory" [C-Leg prosthetic system writes a unique success story]. Management-krankenhaus.de. Management-Krankenhaus. 25 August 2011. Retrieved 2 February 2022.
  18. ↑ "Science Center Berlin". ottobock.com (in German). Retrieved 21 January 2019.
  19. ↑ Hanne-Dore Schumacher: Otto Bock wird weltweit lesbar. In: Göttinger Tageblatt, 8 September 2011.
  20. ↑ "Dem nächsten Schritt vertrauen" [Trust the next step]. Maxongroup.de (in Swiss High German). Maxon Group. Retrieved 2 February 2022.
  21. ↑ novinarstvo, Centar za istraživačko (2 October 2020). "Ljekar i direktori ortopedskih kuća optuženi za organizovani kriminal" [Doctor and directors of orthopedic companies accused of organized crime] (in Bosnian).
  22. ↑ Asani, Mubarek (30 January 2016). "Doktor za prevare" [Prevare doctor]. Centar za istraživačko novinarstvo (in Bulgarian).
  23. ↑ "Ottobock acquires BeBionic from Steeper". healio.com. Retrieved 21 June 2017.
  24. ↑ "Ottobock kauft BeBionic von Steeper". Goettinger-Tageblatt.de. 5 February 2017. Retrieved 21 June 2017.
  25. ↑ "MIT's Hugh Herr Reveals Joys (and Challenges) of Commercializing Bionic Limbs". Robotics Business Review. 29 September 2020.
  26. ↑ "EQT kauft Ottobock-Anteile" [EQT buys Ottobock shares]. Goettinger-tageblatt.de (in German). 25 June 2017. Retrieved 2 February 2022.
  27. ↑ "Festakt zum 100-jährigen Jubiläum der Pohlig GmbH" [Ceremony for the 100th anniversary of Pohlig GmbH]. Chiemgau24.de (in German). 19 February 2020. Retrieved 2 February 2022.
  28. ↑ "Pohlig Ottobock.care". www.pohlig.net. Retrieved 26 August 2024.
  29. ↑ Schwarzer, Ursula (25 August 2017). "Otto Bock: Inhaber Hans Georg Näder zieht hohe Summen aus Firma ab" [Otto Bock: Owner Hans Georg Näder withdraws large sums from the company]. www.manager-magazin.de (in German). Retrieved 19 August 2024.
  30. ↑ Orosz, Marta (7 July 2021). "Ottobock: Prothesen-Milliardär Näder griff trotz Verluste in die Firmenkasse" [Ottobock: Prosthesis billionaire Näder dipped into the company's coffers despite losses]. Business Insider (in German). Retrieved 19 August 2024.
  31. ↑ "Das kostspielige Leben des Prothesen-Königs" [The costly life of the prosthesis king]. www.handelsblatt.com (in German). 25 August 2017. Retrieved 19 August 2024.
  32. ↑ Kulke, Kevin (18 August 2023). "Neue Zahlen: Kritische Situation bei Ottobock in Duderstadt?" [New figures: Critical situation at Ottobock in Duderstadt?]. www.harzkurier.de (in German). Retrieved 12 August 2024.
  33. ↑ "DGAP-Adhoc: Allgeier SE: Allgeier and Otto Bock Holding sign Letter of Intent to merge their SAP and Microsoft businesses - milestone on the way to a global software services provider". markets.businessinsider.com. 8 November 2018. Retrieved 28 August 2024.
  34. ↑ Riese, Markus (4 February 2019). "Fusion von Sycor und Allgeier geplatzt" [Merger of Sycor and Allgeier collapsed]. www.goettinger-tageblatt.de (in German). Retrieved 28 August 2024.
  35. ↑ Barnett, Calvin (3 June 2020). "Wheelchair growth helps Ottobock exceed one billion in sales but COVID-19 stalls 2020 momentum". thiis.co.uk.
  36. ↑ "Ottobock exceeds one billion in sales for the first time in 2019". corporate.ottobock.com.
  37. 1 2 Mediengruppe, FUNKE (21 May 2019). "US-Behörde verwehrt Ottobock Übernahme von Prothetikhersteller" [US authorities deny Ottobock takeover of prosthetics manufacturer]. www.harzkurier.de (in German). Retrieved 19 August 2024.
  38. ↑ Lordan, Betsy (5 November 2019). "FTC Commissioners Unanimously Find that Consummated Merger of Microprocessor Prosthetic Knee Companies Was Anticompetitive; Assets Must Be Unwound". Federal Trade Commission.
  39. ↑ Schwarzer, Ursula (21 November 2019). "Ottobock und EQT: Hans Georg Näder jubelt trotz Debakels" [Ottobock and EQT: Hans Georg Näder celebrates despite debacle]. Manager Magazin (in German).
  40. ↑ Desbois, Sophie (11 December 2020). "PROTEOR-Gruppe wird einer der größten Prothesenanbieter der Welt" [PROTEOR Group becomes one of the largest prosthesis suppliers in the world]. BusinessWire (in German).
  41. ↑ "Press corner". European Commission - European Commission.
  42. ↑ "Beinorthese C-Brace verschafft neue Möglichkeiten der Aktivitäten" [C-Brace leg orthosis provides new possibilities for activities]. RAS-Team Melle (in German). 22 November 2019. Retrieved 2 February 2022.
  43. ↑ "Healthtech: Ottobock stärkt Exoskelett-Expertise mit Übernahme von SuitX" [Healthtech: Ottobock strengthens exoskeleton expertise with acquisition of SuitX]. Kma-online.de (in German). Georg Thieme Verlag KG. 3 November 2021. Retrieved 2 February 2022.
  44. ↑ Peter Königsreuther (16 November 2021). "Zufall Logistics hat Exoskelett von Ottobock ausgiebig getestet" [Zufall Logistics has extensively tested Ottobock’s exoskeleton]. Maschinenmarkt.vogel.de (in German). MM MaschinenMarkt online. Retrieved 2 February 2022.
  45. ↑ "Ottobock set to acquire fellow robotic exoskeleton maker SuitX". TechCrunch . 2 November 2021.
  46. ↑ Schuetze, Arno (8 July 2021). "German artificial limb maker Ottobock plans blockbuster 2022 IPO". www.reuters.com. Retrieved 26 August 2024.
  47. ↑ Kutsche, Katharina (8 December 2021). "High-Tech am Körper: Ottobock Firmenporträt: Größer, smarter, weiter" [High-tech on the body: Ottobock company profile: Bigger, smarter, further]. Süddeutsche.de (in German). Retrieved 28 August 2024.
  48. ↑ Murphy, Martin (18 May 2022). "Chaostage bei Börsenaspirant Ottobock" [Chaos days at stock market aspirant Ottobock]. www.handelsblatt.com (in German). Retrieved 28 August 2024.
  49. ↑ Schütze, Arno (22 December 2022). "Investor EQT will bei Prothesenhersteller Ottobock aussteigen" [Investor EQT wants to get out of prosthesis manufacturer Ottobock]. www.handelsblatt.com (in German). Handelsblatt. Retrieved 28 August 2024.
  50. ↑ "Ottobock's IPO fails again". naeder.by. Hans Georg Näder. Retrieved 26 August 2024.
  51. ↑ "У картеля отстегнулся протез". Kommersant . 1 June 2020.
  52. ↑ "Фигурантов дела по признакам сговора на рынке медицинских изделий и протезов признали нарушившими п. 2 ч. 1 статьи 11 Закона о защите конкуренции" (in Russian). Нижегородское УФАС. Retrieved 26 August 2024.
  53. ↑ Smolka, Klaus Max (6 June 2023). "EQT und Ottobock leiten Anteilsverkauf ein" [EQT and Ottobock initiate share sales]. FAZ.NET (in German). Frankfurter Allgemeine Zeitung. ISSN   0174-4909 . Retrieved 28 August 2024.
  54. ↑ Nicola, Stefan (9 December 2023). "Näder Family Plans to Buy Back EQT's Ottobock Stake, HB Says". www.bloomberg.com. Retrieved 12 August 2024.
  55. ↑ Schütze, Arno; Müller, Anja (11 December 2023). "Familie Näder plant Rückkauf des 20-Prozent-Anteils an Ottobock" [The Näder family plans to buy back its 20 percent stake in Ottobock]. www.handelsblatt.com. Retrieved 12 August 2024.
  56. ↑ Palan, Dietmar (8 April 2024). "(m+) Ottobock und EQT: Hans Georg Näders zahlt hohen Preis für Rückkauf" [Ottobock and EQT: Hans Georg Näders pays high price for buyback]. www.manager-magazin.de (in German). Retrieved 12 August 2024.
  57. ↑ Pesch, Dennis (12 April 2024). "Nach EQT-Deal: Ottobock-Eigentümer Näder verkauft eines seiner IT-Tochterunternehmen" [After EQT deal: Ottobock owner Näder sells one of its IT subsidiaries]. www.wiwo.de (in German). Retrieved 12 August 2024.
  58. ↑ "Prothesenhersteller Ottobock übernimmt Brillinger". Süddeutsche.de (in German). 1 March 2023. Retrieved 12 August 2024.
  59. ↑ "Cranial Technologies, Inc. v. Ottobock SE & Co. Kgaa et al 2:23-cv-02320". www.law.com. Retrieved 12 August 2024.
  60. ↑ Antonia Kögler (26 June 2017). "EQT steigt bei Familienunternehmen Otto Bock ein". Finance (in German). Retrieved 2 February 2022.
  61. ↑ magazin, Thomas Werres, Dietmar Palan, manager (4 January 2022). "(m+) Donner und Rauch: Wie der dem Geld zugeneigte Großeigner Hans Georg Näder die Börsenstory von Ottobock stützt". Manager Magazin .{{cite web}}: CS1 maint: multiple names: authors list (link)
  62. ↑ "German prosthetics firm Ottobock eyes IPO in 2017 - CEO in Focus". Reuters. 10 July 2015.
  63. ↑ Farr, Emma-Victoria; Hübner, Alexander (19 February 2022). "Germany's Ottobock to wait until September to list amid choppy markets - sources". Reuters.
  64. ↑ "Germany's Ottobock delays IPO due to market turmoil". Reuters. 19 May 2022.
  65. ↑ "Die Unternehmensführung der Ottobock SE & Co. KGaA". ottobock.com (in German). Retrieved 2 February 2022.
  66. ↑ "Ottobock: Dr. Bernd Bohr wird Aufsichtsratschef" (in German). 25 October 2017. Retrieved 2 February 2022.
  67. ↑ "Portrait Prof. Dr. Gesche Joost". Weizenbaum-institut.de (in German). Retrieved 2 February 2022.
  68. ↑ "Führungsspitze: Ottobock stellt europäische und deutsche Leitung neu auf". Kma-online.de (in German). 17 June 2021. Retrieved 2 February 2022.
  69. ↑ Kurtz, Tobias (19 May 2022). "Oliver Jakobi übernimmt als Interims-CEO bei Ottobock". gesundheitsprofi.de (in German). Retrieved 6 July 2022.
  70. ↑ "Ottobock Duderstadt: Arne Kreitz ist neuer CFO". www.goettinger-tageblatt.de (in German). 18 May 2022. Retrieved 6 July 2022.
  71. ↑ generator, meta-tags (22 May 2022). "Arne Jörn wird CTO/COO bei Ottobock - FAMILIENUNTERNEHMEN im FOKUS" (in German). Retrieved 6 July 2022.
  72. ↑ "Medizintechnik-Spezialist Ottobock: Martin Böhm soll Kunden digital erreichen" (in German). 18 June 2021. Retrieved 2 February 2022.
  73. ↑ magazin, manager (19 May 2022). "Ottobock: Hans Georg Näder entlässt Philipp Schulte-Noelle und Kathrin Dahnke". Manager Magazin.
  74. ↑ "Ottobock makes Schulte-Noelle permanent CEO as it eyes IPO". Reuters. 22 January 2019 – via www.reuters.com.
  75. ↑ Magazin, FINANCE (21 July 2021). "Ottobock: Kathrin Dahnke übernimmt CFO-Posten von Jörg Wahlers".
  76. ↑ magazin, Thomas Werres, Dietmar Palan, manager (26 May 2022). "(m+) Ottobock: Hans Georg Näder sagt die Börsenpläne ab und verprellt das Toppersonal". Manager Magazin.{{cite web}}: CS1 maint: multiple names: authors list (link)
  77. ↑ Florian Langenscheidt, Bernd Venohr (Hrsg.): Lexikon der deutschen Weltmarktführer. Die Königsklasse deutscher Unternehmen in Wort und Bild. Deutsche Standards Editionen, Köln 2010, ISBN 978-3-86936-221-2.
  78. ↑ "Beide Seiten bringen ihre Stärken ein - Wirtschaft & Finanzen". Goettinger-tageblatt.de (in German). 8 February 2019. Retrieved 2 February 2022.
  79. ↑ Pressberger, Thomas (4 June 2019). "Ottobock investiert zwei Millionen in Wien" [Ottobock invests two million in Vienna]. kurier.at (in German). Retrieved 10 September 2024.
  80. ↑ manager (4 August 2021). "Prothesenhersteller vor Börsengang: Ottobock mit sechs Milliarden Euro bewertet" [Ottobock valued at six billion euros]. www.manager-magazin.de (in German). Retrieved 10 September 2024.
  81. ↑ "Standortprofil Duderstadt: Wirtschaft und die größten Unternehmen" [Location profile Duderstadt: Economy and the largest companies]. Die Deutsche Wirtschaft (in German). 27 March 2023. Retrieved 10 September 2024.
  82. ↑ "ottobock. - Prothetik | Orthetik | Exoskelette" [ottobock. - Prosthetics | Orthotics | Exoskeletons]. Prothetikwelt (in German). 5 February 2021. Retrieved 10 September 2024.
  83. ↑ "Weniger Knieschmerzen, mehr Leben: neue Orthesen-Generation von Ottobock" [Less knee pain, more life: new generation of orthoses from Ottobock]. www.rehacare.de (in German). 20 September 2021. Retrieved 10 September 2024.
  84. ↑ Günzel, Cathrin (28 December 2021). "Neuro Mobility: Versorgung integriert denken" [Neuro Mobility: Thinking about care in an integrated way]. Verlag Orthopädie-Technik (in German). Retrieved 10 September 2024.
  85. ↑ Bambey, Mark (22 January 2019). "Ottobock-Rollstuhlsparte aus den roten Zahlen" [Ottobock wheelchair division out of the red]. www.goettinger-tageblatt.de (in German). Retrieved 10 September 2024.
  86. ↑ Spanier, Thomas (27 June 2019). "Otto Bock feiert 100 Jahre in Königsee" [Otto Bock celebrates 100 Years in Königsee]. www.otz.de (in German). Retrieved 10 September 2024.
  87. ↑ "Ottobock weltweit – Standorte und Versorgungszentren". www.ottobock.com. Retrieved 2 February 2022.
  88. ↑ Import, M. V. S. (30 October 2018). "Tragbare Helfer für die Produktion". medizin&technik - Ingenieurwissen für die Medizintechnik (in German). Retrieved 10 September 2024.
  89. ↑ Spohn, Davina (9 April 2019). "Exoskelette im industriellen Einsatz". Computer&AUTOMATION (in German). Retrieved 10 September 2024.
  90. ↑ Steevens, Carsten (3 November 2021). "Ottobock erwirbt Exoskelett-Spezialisten SuitX" [Ottobock acquires exoskeleton specialist SuitX]. www.boersen-zeitung.de (in German). Retrieved 10 September 2024.
  91. ↑ KG, Georg Thieme Verlag (3 November 2021). "Healthtech: Ottobock stärkt Exoskelett-Expertise mit Übernahme von SuitX" [Healthtech: Ottobock strengthens exoskeleton expertise with acquisition of SuitX]. www.kma-online.de (in German). Retrieved 10 September 2024.
  92. ↑ "Science Center Medizintechnik Otto Bock Gnädinger Architekten" [Science Center Medical Technology Otto Bock Gnädinger Architects]. german-architects.com (in German). PSA Publishers Ltd. 2 February 2022.[ dead link ]
  93. ↑ "Kluger Würfel: Otto Bock Science Center eröffnet" [Smart cube: Otto Bock Science Center opens]. Der Tagesspiegel Online (in German). ISSN   1865-2263 . Retrieved 18 September 2024.
  94. ↑ Ärzteblatt, Deutscher Ärzteverlag GmbH, Redaktion Deutsches (16 April 2010). "Science-Center: Begreifen, was uns bewegt". Deutsches Ärzteblatt (in German). Retrieved 18 September 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  95. ↑ top10berlin. "Ottobock Science Center Berlin - Tipps gegen langweilige Sonntage - top10berlin.de". Top10 Berlin (in Austrian German). Retrieved 18 September 2024.{{cite web}}: CS1 maint: numeric names: authors list (link)
  96. ↑ Maroldt, Lorenz (30 August 2013). "Bötzow-Viertel in Berlin: Prothesenbauer "Otto Bock" zieht in die alte Brauerei ein" [Bötzow district in Berlin: Prosthetics maker "Otto Bock" moves into the old brewery]. Der Tagesspiegel Online (in German). ISSN   1865-2263 . Retrieved 18 September 2024.
  97. ↑ Redaktion, GoingPublic (13 April 2015). "Ottobock eröffnet Future Lab in Berlin". GoingPublic.de (in German). Retrieved 18 September 2024.
  98. ↑ "Ottobock eröffnet in Berlin den Open Innovation Space" [Ottobock opens the Open Innovation Space in Berlin]. goettinger-tageblatt.de. 28 May 2015. Retrieved 2 February 2022.
  99. ↑ Binder, Elisabeth (20 September 2019). ""Futuring Human Mobility": Der menschlichen Mobilität eine Zukunft bereiten" [“Futuring Human Mobility”: Preparing a future for human mobility]. Der Tagesspiegel Online (in German). ISSN   1865-2263 . Retrieved 18 September 2024.
  100. ↑ admin (6 May 2021). "Vision: So wird der neue Bötzow Campus in Prenzlauer Berg aussehen" [Vision: This is what the new Bötzow Campus in Prenzlauer Berg will look like]. entwicklungsstadt berlin (in German). Retrieved 18 September 2024.
  101. ↑ "IPC extends Paralympic partnership with Ottobock until 2032". International Paralympic Committee. 5 September 2021. Retrieved 19 August 2024.
  102. ↑ Tageblatt, Göttinger Tageblatt / Eichsfelder (19 August 2024). "Ottobock bei den Paralympics in Tokio: "Eine besondere Stimmung"" [Ottobock at the Paralympics in Tokyo: "A special atmosphere"]. www.goettinger-tageblatt.de (in German). Retrieved 19 August 2024.
  103. 1 2 "Ottobock Paralympic Games Fact Sheet" (PDF). Ottobock. Retrieved 11 October 2016.
  104. ↑ "30 Jahre technischer Dienstleister der Paralympics" [30 years of technical service provider to the Paralympics]. Goettinger Tageblatt (in German). Retrieved 2 February 2022.
  105. ↑ "Paralympics: Duderstädter Unternehmen Ottobock ist mit über 100 Experten in Tokio". www.hna.de (in German). 18 August 2021. Retrieved 19 August 2024.
  106. ↑ Schäffler, Birte (10 January 2018). "Ottobock startet Sonderausstellung 'Passion for Paralympics' in Berlin" [Ottobock launches special exhibition 'Passion for Paralympics' in Berlin]. healthcaremarketing.eu (in German). Retrieved 2 February 2022.
  107. ↑ "Zu Besuch in der Werkstatt der Paralympics-Schrauber" [Visiting the workshop of the Paralympics mechanics]. Frankfurter Allgemeine (in German). 3 September 2021. Retrieved 3 February 2022.
  108. ↑ Bua, Jasmin (19 July 2021). "Johannes Floors: Die vielleicht wichtigste Entscheidung seines Lebens" [Johannes Floors: Perhaps the most important decision of his life]. rahm GmbH (in German). Retrieved 19 August 2024.
  109. ↑ Schlegel, Bernd (26 February 2018). "Anna Schaffelhuber: "Ich bin noch nicht an meinem Limit"" [Anna Schaffelhuber: "I'm not at my limit yet"]. www.hna.de (in German). Retrieved 19 August 2024.
  110. ↑ "Ottobock Talent Days: Paralympics-Nachwuchs trifft Stars" [Ottobock Talent Days: Paralympic youngsters meet stars]. TSV Bayer 04 Leverkusen e.V. (in German). 20 September 2021. Retrieved 19 August 2024.
  111. ↑ "Ottobock announced as the Official Provider for the Rio 2016 Paralympic Games". International Paralympic Committee. 8 September 2014. Retrieved 11 October 2016.
  112. 1 2 "Today in the Ottobock Repair Service Centers". Ottobock. Retrieved 11 October 2016.
  113. ↑ "Ottobock, IPC extend partnership until the end of 2020". 10 September 2016. Retrieved 19 October 2016.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.