Deals

Ottobock Shares Rise After Biggest German IPO of 2025

The Frankfurt Stock Exchange ahead of Ottobock’s debut trading session on Oct. 9. — The Frankfurt Stock Exchange ahead of Ottobock’s debut trading session on Oct. 9.
Photographer: Alex Kraus/Bloomberg

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By Pablo Mayo Cerqueiro, Marilen Martin, and Arno Schuetze

October 9, 2025 at 7:28 AM UTC

Updated on

October 9, 2025 at 3:56 PM UTC

Ottobock SE & Co. shares rose in the prosthetics firm’s debut trading session in Frankfurt on Thursday, after the biggest initial public offering in Germany in more than a year.

Shares closed at €69.10, 4.7% above the price set in its offering, having climbed as much as 11% in early trading. The deal was priced at the top end of its marketed range, with Ottobock and its Näder family owners raising about €702 million in Frankfurt’s largest IPO since Douglas AG’s last year.