Ottobock, Leading Prosthetics Maker, revives IPO Plans Amidst Strong Growth
berlin – Ottobock, a global leader in prosthetics, orthotics, adn wearable robotics, has announced its intention to pursue an initial public offering (IPO) on the stock market, marking the first major German listing since the summer break. The move comes as the company experiences robust financial performance and aims to accelerate investment in cutting-edge technologies.
Ottobock’s decision to go public is notable for both the healthcare technology sector and the German economy, signaling renewed confidence in IPO activity. The company,renowned for its high-tech arm and leg prostheses,wheelchairs,and exoskeletons,supports individuals worldwide in regaining mobility. The IPO is expected to raise approximately €100 million for the company, valuing it around €6 billion, and will allow Ottobock to further expand its global reach and innovation in the field of “Human Bionics.”
The company, primarily owned by the Näder family, anticipates a swift listing process, typically completed within four weeks of launch. The offering will include existing shares from the family alongside the newly issued shares. Proceeds from the IPO are earmarked for reinvestment into the business, fueling further technological advancements.
Ottobock’s financial performance underscores the rationale for the IPO. In 2024, the company’s 9,300 employees generated a global revenue of €1.43 billion. This momentum continued into the first half of 2025, with revenue increasing by 14 percent to €760 million.
“The planned IPO will enable Ottobock to invest even more strongly in new technologies, expand its global presence, and continue to set new standards in Human Bionics,” stated CEO Oliver Jakobi.
The IPO also presents a potential chance for the Näder family to alleviate financial pressures stemming from the 2024 repurchase of shares from the investment firm EQT, a transaction financed through considerable borrowing. Funds raised through the IPO could be used to reduce this debt.
Ottobock previously attempted an IPO in 2022, but ultimately withdrew the plan. This time, bolstered by strong financial results and a favorable market surroundings, the company is confident in its prospects. The IPO is being managed by BNP Paribas, Deutsche Bank, and Goldman Sachs.
