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The German MedTech Group acquires 80% of Finnish Super Yacht Builder Baltic Yachts.
Baltic Yachts was founded in 1973 in Ostrobothnia on the west coast of Finland – the yard focuses on tailor-made high performance and high quality yachts, combining safe and easy handling. Baltic employs 175 people. The 2012 turnover was around 30 million euro.Ottobock is a family owned global MedTech Company with more than 6000 employees in 49 countries and headquarters in Duderstadt. The global market leader in technical orthopaedics has since many years 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 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.”
More information: www.ottobock.com