"With Pace Rehabilitation, we are expanding our patient care network in an important sales market with growth potential," says Oliver Jakobi, CEO of Ottobock. "Together, we will now focus even more consistently on treating our patients on site."
Pace Rehabilitation were established in 2003 by a small team of experienced clinicians and have provided an integrated approach to the treatment of people who have sustained limb loss or serious limb injury over the past 20 years. Operating from three clinics situated in Amersham, Bucks, Bredbury, Greater Manchester and Glasgow, the teams of clinicians help patients to improve their overall quality of life and enhance their mobility.
Phil Yates, Managing Director of Otto Bock Healthcare PLC: "We are thoroughly delighted to complete the acquisition and excited to welcome Pace Rehabilitation and their successful team to the Ottobock Family. Their endeavour aligns perfectly with Ottobock’s own mission to empower people to regain or maintain their freedom of movement."
Toby Carlsson, Managing Director of Pace Rehabilitation: "We look forward to joining forces with Ottobock and benefiting from the opportunities that come with being part of a strong international organisation. We will join a network of clinics within a company that has a long-standing track record of bringing new and innovative products to the market. It is great news for all our stakeholders, and we are excited for the future."
Pace Rehabilitation’s team of 40 people consists of consultants, therapists, allied health professionals, technicians, and support staff, who will all become part of the Ottobock Family alongside Dorset Orthopaedic.
The acquisition is an ideal opportunity for Ottobock to complement and enhance its offering in the UK. Pace Rehabilitation’s management team is highly motivated to continue the success story in close collaboration with other patient care entities within Ottobock.
REHACARE.com; Source: Ottobock