Ottobock, Leading Prosthetics Maker, revives IPO Plans Amidst Strong Growth
berlin – Ottobock, a global โleader in prosthetics, orthotics, adn wearable robotics, โhas 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 performanceโ and aims to accelerate investment in cutting-edge technologies.
Ottobock’s decision to go public is notable for both the healthcareโข technology sector and the German economy, signaling โฃrenewed โconfidence in IPO activity. The company,renowned for its high-tech arm and leg prostheses,wheelchairs,and โexoskeletons,supports individuals worldwide in regaining mobility. The IPO is expected to raise โapproximately โฌ100 million for the company, valuing it around โฌ6 billion, and will allow Ottobock to further expand its global reach and innovation in the โขfield of “Human Bionics.”
The company, primarily owned by the Nรคder family, anticipates a swift listing process, typically completed within four weeks of launch. The offering will include existing shares from โฃthe family alongside the newly issued shares. Proceeds from the IPO are earmarked for reinvestment intoโค the business, fueling โfurther technologicalโ advancements.
Ottobock’s financial performance underscores the rationale for the IPO. โIn 2024, the โcompany’s โ9,300 employees generated a globalโ revenue of โฌ1.43 billion. This momentum continued intoโ the first half of 2025, with revenue increasing by 14 โpercent to โฌ760โค million.
“Theโ planned IPO will enable Ottobock to invest even more strongly โฃin new technologies, expand its โglobalโฃ presence, and continue to set new standards in Humanโฃ Bionics,” stated CEO โขOliver Jakobi.
The IPO also presents a potential chanceโ for the Nรคder family to alleviate financial โคpressures stemmingโ from theโข 2024 repurchase of sharesโ from the investment firm EQT, a transaction financed through considerable borrowing. Funds raised through the IPO โcould be used to โreduce โขthis debt.
Ottobock previously attempted an IPO in 2022, but ultimately withdrew the plan. This time, bolstered by strongโ financial resultsโข and a favorable market surroundings, the company is confident in its prospects. Theโ IPO is being managed by BNP Paribas, โฃDeutsche Bank, and Goldman Sachs.