September 23, 2011, Markham Ontario- Orthotic Holdings, Inc., a leading lower extremity orthotic company, completed the acquisition of Arizona AFO. Arizona AFO represents the third franchise brand in the OHI family of companies, alongside The Orthotic Group and Langer Biomechanics. OHI first acquired The Orthotic Group and Langer Biomechanics in 2008 and added River Biomechanics last summer. Arizona AFO is the most respected brand name in Ankle Foot Orthotic (AFO) manufacturing and it is a perfect fit for the existing line up high quality companies under the OHI banner. Consistent with its previous acquisitions, OHI intends to leave the Arizona AFO company as an independent brand. Arizona’s talented management and technical team are remaining with the company and manufacturing will continue at its new state-of-the-art facility in Mesa, AZ.
Bruce Marrison, President and CEO of OHI commented, “Arizona AFO is the leading producer of custom made AFO devices in North America and is a natural extension of our organization. Arizona’s products and customers are a perfect fit with OHI and we couldn’t be more excited to add them to our dynamic and growing company.”
Jason Kraus, Executive Vice President, will provide strategic and business development support to the Arizona management team. Kraus noted, “Arizona has everything going for it: high quality products, enthusiastic loyal customers, committed employees and a focus on patient outcomes. These perfectly mirror the core values of the organization as a whole and we are proud to add them to the OHI family”.