Chattanooga-Based Fillauer Acquired By Hanger

  • Thursday, February 22, 2024

Hanger, Inc., a provider of orthotic and prosthetic patient care services and solutions, on Thursday announced the completion of its previously announced transaction to acquire Fillauer, a global leader in O&P manufacturing and innovation.

“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,” said Pete Stoy, Hanger chief executive officer. “We are thrilled to welcome the team into the Hanger family.”

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,” said Mr. 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.”

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