Investment of Baltic Yachts and Ottobock into carbon fibre technology

Ottobock acquires 80 per cent share in Finnish superyacht builder Baltic Yachts
19 March 2013
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19 March 2013

Investment of Baltic Yachts and Ottobock into carbon fibre technology

A majority shareholder in Baltic Yachts, Ottobock, will concentrate together with the prestigious Finnish superyacht builder on the future and invest among other things in carbon fibre technology.

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19 March 2013

Ottobock is a family owned global Medtech Company with over 6000 employees in 49 countries as well as Headquarters in Duderstadt/ Lower Saxony/Germany. The top global market company in technical orthopaedics has for many years had Carbon Fibre mobility products in its expanding portfolio. They will in this way contribute with their know-how of carbon fibre technology to the well known Finnish superyacht builder, Baltic Yachts.

Baltic 112 Yacht Nilaya

Baltic 112 Yacht Nilaya

Ottobock will be a majority shareholder in Baltic Yachts with 80 % and together the two companies will focus on the future and invest among other things in carbon fibre technology. Baltic Yachts former share holders will continue as part-owners of the company. Superb quality and constant innovation are the DNA of both companies, and this merge will bring the possibility to use the combined know-how in the best way.

Baltic Yachts will be led by CEO Captain Henry Hawkins and COO Matti Laurila together with an experienced management team. Ottobock President and CEO Prof. Hans Georg Näder: “We will execute our vision for this great company – customer satisfaction and superb quality of Baltic Superyacht – sailing yachts and related services are key to success.”

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