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

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

The 80 per cent share in the prominent Finnish luxury yacht manufacturer, Baltic Yachts, has been acquired by a family owned global Medtech Company, Ottobock.

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19 March 2013

The prestigious Finnish luxury yacht builder, Baltic Yachts, was established in Ostrobothnia, on the West coast of Finland, in 1973. The shipyard concentrates on tailor-made high performance and high quality yachts, mixing up safe and easy handling. Baltic employs 175 people and their 2012 turnover was around 30 Million Euros.

Baltic Yachts Yard

Baltic Yachts Yard

Ottobock is a family owned global Medtech Company with more than 6000 employees in 49 countries and Headquarters in Duderstadt/ Lower Saxony/Germany. The global market leader in technical orthopaedics has since many years had Carbon Fibre mobility products in its expanding portfolio.

Ottobock as a tech-oriented Medtech Company Group acquires with Baltic Yachts a cutting edge Carbon Fibre Superyacht Builder. The obviously different universes merge in technology and provide the chance to use this combined know-how in Medtech, Aerospace, Automotive and Green Energy. Superb quality and constant innovation are the DNA of both companies, and a highly qualified workforce will join the global Ottobock family.

Baltic Yachts production

Baltic Yachts production

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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