M&A

Ottobock buys Spain’s Fesia to expand neuro-orthotics push

What’s the deal? OttobockDealroom has a profile for this one. Try Dealroom →, the listed German MedTech company, is acquiring Spanish firm Fesia TechnologyDealroom has a profile for this one. Try Dealroom → to expand its neuro-orthotics portfolio. The purchase price was not disclosed, and closing is expected in about six months.

What does Fesia do? Based in Donostia/San Sebastián, Fesia employs around 20 people and develops functional electrical stimulation (FES) systems for patients with neurological diseases or nerve injuries. Its orthoses send electrical impulses that stimulate weakened muscles to restore natural movement while supporting the formation of new neural connections.

Why now? Ottobock frames neurological conditions as a growing priority. “The number of people worldwide affected by conditions such as stroke, multiple sclerosis, cerebral palsy, or spinal cord injuries is steadily increasing,” said chief executive officer Oliver JakobiDealroom has a profile for this one. Try Dealroom →.

What’s the endgame? The deal adds FES products to Ottobock’s neuro-orthotics range, covering stroke, multiple sclerosis, cerebral palsy, and spinal cord injury of the upper and lower limbs. Jakobi said the acquisition provides access to “an innovative and deployable FES technology platform,” strengthening the company’s in-house capabilities.

Fesia CEO Haritz ZabaletaDealroom has a profile for this one. Try Dealroom → said joining Ottobock “creates a unique opportunity to scale this innovation globally.”

The signal: The purchase fits a clear strategic pivot. Ottobock is divesting non-core activities — including selling its Human Mobility wheelchair business to DHCare — and redeploying capital into prosthetics, neuro-orthotics, and patient care. Recent moves (2025–2026), from twice backing spinal-injury neurotech firm ONWARD Medical to a $5 million investment in Blue Arbor Technologies and a roughly €110 million patient-care acquisition in Norway, point to Ottobock building an integrated ecosystem around neural-controlled mobility.

Read more: ad-hoc-news.de

Image credit: Generated with Gemini

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