Hanger Inc., a provider of orthotic and prosthetic (O&P) patient care services and solutions, announced that it has entered into an agreement to acquire Fillauer, an O&P manufacturer and innovator. Fillauer is a family-owned company with a legacy of over 100 years.
“Bringing a manufacturing partner into the Hanger family will give us a better perspective earlier in the research and development phase, positioning us to drive innovation and proactively enhance patient outcomes,” said Pete Stoy, Hanger’s chief executive officer.
The transaction is expected to close in the first quarter of 2024. Financial details of the acquisition were not disclosed.
