Otto Bock has sold its homecare division to Drive

In January 2007, Drive Medical Design & Manufacturing, the US based company engaged in the manufacture and distribution of durable medical equipments, sold Peter Endres GmbH & Co. KG, the Germany based manufacturer and distributor of bath lifts and patient aids, from Otto Bock HealthCare GmbH, the Germany based supplier of prosthetic and orthotic devices (also engaged in manufacturing mobility and seating devices for disabled adults), for an undisclosed consideration. Abolon acted as advisor to Otto Bock.