On December 30th, 2020, MBO & Co completed the sale of Orthoway to the Icelandic listed group Össur, global leader in non-invasive orthopaedics
Orthoway was created in 2017 through the merger of two regional leaders, Cellier Orthopédie and Orthofiga, with the support of MBO & Co and the CPOs of the two companies. With over €30M in sales, Orthoway is now the 4th player in the French external orthopaedics market. Orthoway’s CPOs are committed to offer both patient centric approach and best-in-class orthotics, prosthetics, and bracing & support to patients with severe disabilities.
Operating through more than 30 clinics, the network draws on an excellent medical reputation through several local brands (Cellier Orthopédie, Orthofiga, La Maîtrise Orthopédique, Bouillat-Terrier Orthopédie, etc.). From its inception and with the active support of the group CEOs Bruno Cellier and Dominique Fillonneau, Orthoway led significant integration, structuration, and synergies implementation, opened 8 new clinics and bought 4 complementary companies.
Cécile Nguyen-Cluzel, Partner at MBO & Co, stated “We are delighted and proud to have supported the management team in the creation of one of the leaders of the French non-invasive orthopaedic market. Orthoway has now all the assets and qualities to accelerate its growth. Alongside a new partner sharing the same core values, the management team ambitions to enter a second chapter of expansion focused on innovation and improvement of patients’ quality of life.”