Ottobock Sells Historic Wheelchair Plant but Vows to Protect 270 Jobs
Ottobock Sells Historic Wheelchair Plant but Vows to Protect 270 Jobs
Ottobock seeks buyer for former flagship plant in Thuringia - Ottobock Sells Historic Wheelchair Plant but Vows to Protect 270 Jobs
Ottobock is divesting its wheelchair branch at the Königsee facility in Thuringia. Talks with potential acquirers began last year, but no names have been disclosed. Approximately 270 staff currently work at the plant, which Ottobock aims to maintain operational.
The Königsee site holds historical significance for Ottobock, having served as its headquarters from 1920 to 1948. However, the wheelchair business no longer aligns with the rest of the company's operations, leading to the decision to sell.
CEO Oliver Jakobi confirmed to dpa that negotiations are ongoing with multiple interested parties. While no buyers have been publicly identified, Jakobi anticipates agreements to be finalized in the coming months. The separation process is expected to conclude by mid-2027 at the latest.
Ottobock has emphasized that the sale aims to secure the site's future and safeguard all 270 jobs. A full sale remains possible, but the company has ruled out any risk of job losses or a subsequent shutdown.
The deal will ensure the Königsee plant continues operating under new ownership. Ottobock's focus remains on preserving the location and its workforce. Final agreements with buyers are expected to be reached soon.
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