BACK TO GROUPNEWS Serafin Group acquires the Rehabilitation & Mobility division from GHD Group. As part of the carve-out, the operational business will trade as ‘OTB’ and ‘rehability’. The transaction was completed on 30 April 2024.
With over 40 locations, OTB and rehability are among the largest service providers in the German healthcare and medical supplies industry. In addition to operating its own medical supply stores, the company is active in the segments of rehabilitation technology, orthopaedics and orthopaedic shoe technology. For over 50 years, OTB and rehability have been a reliable partner in the areas of mobility, prevention, care, and aftercare.
Serafin will act as a new long-term partner providing operational and strategic support. Patient well-being and care will be at the forefront to ensure a smooth transition. In the long term the service offering will be expanded, strengthening the company’s market position and underscoring its growth ambitions.
Philipp Haindl, founding partner of Serafin Group, explains, “For many years, the Rehabilitation & Mobility division of GHD has been a reliable partner for patients and institutions in the healthcare sector. We plan to continue on this path as OTB and rehability over the long run and will support the division with our operational and strategic expertise to swiftly establish it as a successful and independently operating company.”
Dr. Chima Abuba, CEO of GHD Group, adds, “The sale of the Rehabilitation & Mobility division is an important strategic step for GHD. Going forward, we will be able to concentrate fully on the versatile homecare core business, making even more targeted investments and growing profitably. Serafin is an ideal partner for the Rehabilitation & Mobility division, creating the best conditions for future success.”
Further contractual details have been agreed to not be disclosed.