Ottobock to Sell Historic Wheelchair Plant While Protecting 270 Jobs
Ottobock to Sell Historic Wheelchair Plant While Protecting 270 Jobs
Ottobock seeks buyer for former flagship plant in Thuringia - Ottobock to Sell Historic Wheelchair Plant While Protecting 270 Jobs
Ottobock is selling its wheelchair division at the Königsee plant in Thuringia. The company has been in talks with potential buyers since last year, though no names have been made public. Around 270 plant employees currently work at the site, which the firm aims to keep operational.
The Königsee plant holds historical importance for Ottobock, having served as its headquarters from 1920 to 1948. However, the wheelchair business no longer fits with the rest of the company's operations, prompting the decision to sell.
CEO Oliver Jakobi confirmed to dpa that negotiations are underway with several interested parties. While no buyers have come forward publicly, Jakobi expects agreements to be signed in the coming months. The separation process should finish by mid-2027 at the latest.
Ottobock has stressed that the sale aims to secure the plant's future and protect all 270 jobs. A full sale remains possible, but the company has ruled out any risk of job losses or a later 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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