Dräger acquires majority stake in Hamburg-based start-up bentekk
Dräger Safety AG & Co. KGaA has acquired a 51 percent stake in bentekk GmbH from seed investors High-Tech Gründerfonds (HTGF) and Innovationsstarter Fonds Hamburg (IFH). This latest acquisition sees Dräger extend its expertise in the area of mobile gas measurement even further. bentekk, based in the south of Hamburg, specializes in developing innovative gas measurement devices for industrial applications. bentekk’s X-PID product is a portable gas measurement device designed to quickly and accurately measure the presence of benzene and other carcinogenic organic compounds in the atmosphere.
bentekk founders Matthias Schmittmann (left) and Johannes Weber (right)
“bentekk has a developed a solution that is absolutely unique in this form,” says Stefan Dräger, Chairman of the Executive Board of Drägerwerk Verwaltungs AG. “By purchasing a majority stake in this company, we have gained a major advantage in terms of development over our competitors. The product perfectly complements our range of products for industry customers.”
“Dräger’s customer intimacy and its international distribution and service network are invaluable to us,” says Johannes Weber, Managing Director of bentekk GmbH. “We are looking forward to working together and forming a common future.”
Over the next few months bentekk will work on developing the product further together with Dräger. One of the main goals is to develop the device for use in atmospheres with a risk of explosion – a prerequisite for accessing additional application markets.
Other news from the department business & finance
Most read news
More news from our other portals
Something is happening in the chemical industry ...
This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.