Dräger Safety AG & Co. KGaA, a Lübeck, Germany-based international leader in the fields of medical and safety technology, acquired a 51% stake in bentekk GmbH, Hamburg-based developer of innovative gas measurement devices for industrial applications, from seed investors High-Tech Gründerfonds (HTGF) and Innovationsstarter Fonds Hamburg (IFH).
The acquisition – of undisclosed amount – will enable Dräger extend its expertise in the area of mobile gas measurement even further.
Founded in November 2014 as a spin-off of the Hamburg University of Technology and led by Johannes Weber, Managing Director, and chemical engineer Matthias Schmittmann, bentekk provides analytical measurement technologies for hazardous compounds in air. Its 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.
Its primary area of application is monitoring maximum permissible concentrations of benzene in the workplace.
Over the next few months, the company will work on developing the product further together with Dräger.