Short Takes: Ottobock, Wright & Filippis

Thursday, June 4, 2015

Ottobock plans to raise money for acquisitions and investments in research, development and marketing with an initial public offering in Germany. The manufacturer plans to list on the Frankfurt stock exchange in 2017, in a move that could be worth upward of $2 billion…Wright & Filippis relocated in May to a larger location in Dearborn, Mich. “We’ve been in Dearborn for about 30 years now, and always have a great relationship with Dearborn,” said CEO A.J. Filippis in a release. The new location offers customers better access and closer parking, as well as a “more intimate clinic setting.”