Hanger Inc., a provider of orthotic and prosthetic (O&P) patient care services and solutions, announced the completion of its previously announced transaction to acquire Fillauer, a global O&P manufacturer.
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“Adding Fillauer’s strong U.S.-based fabrication and manufacturing capability, coupled with their European operation, represents an exciting step in our journey to build an unmatched O&P ecosystem and to become the most valued O&P organization in the world,” says Hanger Chief Executive Officer Pete Stoy. “We are thrilled to welcome the team into the Hanger family.”
Further Reading: Hanger to Acquire Orthotic and Prosthetic Manufacturer
Fillauer will be part of Hanger’s Products & Services business segment, and will maintain its brand, leadership, and team, led by Michael Fillauer.
“For more than a century, Fillauer has been the global leader in O&P innovation,” says Fillauer. “Our priority is designing and fabricating quality products that will provide optimal, life-changing outcomes, and our unwavering dedication to the entirety of the O&P field will only grow stronger as we continue providing the same level of excellence on which we built our reputation. We’re looking forward to now combining our industry-leading manufacturing, research and development with Hanger’s outcomes-based research and clinical data to benefit the entire profession.”
About Hanger Inc.
Headquartered in Austin, Texas, Hanger Inc. provides comprehensive, outcomes-based orthotic and prosthetic (O&P) services through its Patient Care segment, with approximately 900 Hanger Clinic locations nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products, and components, and provides rehabilitative solutions. Rooted in 160 years of clinical experience and innovation, Hanger is a purpose-driven company with a vision to lead the O&P markets by providing superior patient care, outcomes, services, and value, aimed at empowering human potential. For more information on Hanger, visit corporate.hanger.com.
About Fillauer
Headquartered in Chattanooga, Tennessee, Fillauer prides itself on providing orthotic and prosthetic innovation to empower clinicians and patients to achieve their best functional outcomes. With manufacturing and R&D locations in Tennessee, Utah, Colorado, and Sweden, Fillauer supports a strong upper limb product line, a robust offering of prosthetic feet, a variety of orthotic devices, and a collection of tools, equipment, components, and materials. For more information, visit www.fillauer.com.
