|Arizona AFO Acquired by Orthotic Holdings, Inc. (OHI)|
Orthotic Holdings, Inc., a leading lower extremity orthotic company, has completed the acquisition of Arizona AFO. Arizona AFO represents the third franchise brand in the OHI family of companies, which includes The Orthotic Group and Langer Biomechanics. Arizona AFO is the most respected brand name in Ankle Foot Orthotic (AFO) manufacturing— a perfect fit for the existing lineup of high-quality companies under the OHI banner. In keeping with usual company practice, OHI intends to leave the Arizona AFO company as an independent brand. Arizona AFO’s talented management and technical team will remain a part of with the company, and manufacturing will continue at its new state-of-the-art facility in Mesa, Ariz.
Bruce Marrison, president and CEO of OHI, praises the new acquisition: "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 very complimentary 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 AFO 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.”