Takeover of the Dräger MSI measurement technology division by the REMS Group!
On the 1st of August 2024, the REMS Group and Dräger MSI GmbH, Hagen, signed a contract for the purchase of the measurement technology division from Dräger MSI GmbH.
On the 15th of February 2024, Dräger announced their decision to discontinue the business activities of Dräger MSI GmbH. Soon after, REMS became aware of the planned discontinuation of business and voiced their interest in taking over parts of the company. Both companies subsequently signed a declaration of intent on the 14th of April 2024. Upon completion of an intensive Due Diligence Phase and subsequent contract negotiations, a sales contract was then signed on the 1st of August 2024.
The transaction is expected to be closed on the 1st of October 2024.
Within the framework of an asset deal, REMS Messtechnik GmbH & Co KG, part of the REMS Group, will be taking over the in-house portfolio consisting of electronic measuring instruments for exhaust gas measurement, pressure and leakage testing as well as leak detection of Dräger MSI as of the 1st of October 2024. This includes the Development, Production and Service departments as well as some central functions, the raw materials stocks, unfinished and finished goods, intangible assets and the company premises with production and administration buildings in Hagen. The majority of the employees will have a future perspective within the REMS Group who will continue to run the Hagen site. Appropriate contracts were signed by the companies concerned on the 1st of August 2024.
Quote Steffen Katzenberger (Managing Director of REMS GmbH & Co KG): “The products of Dräger MSI are an excellent addition to our product portfolio for the heating and sanitary installer and we look forward to continuing selling these to our customers with the usual quality. With the takeover of the measurement technology business, we are also taking over an experienced and qualified workforce to which we extend a warm welcome to the REMS family.”
Quote Bernd Korthaus (Managing Director of Dräger MSI GmbH): “At the same time as we are closing a chapter at Dräger MSI, a new one is opening at REMS. The takeover by REMS will not only secure the future of our proven products but also enable many of our valued employees to stay here on site in their occupational home. I would like to thank each and every one of them for the passion and commitment that they have invested in Dräger MSI and I am sure that this tradition will live on in good hands.”
Dräger MSI GmbH, with its headquarters in Hagen, is a manufacturer of innovative, electronic measurement instruments for exhaust gas measurement, pressure and leakage testing as well as leak detection. These products feature a robust design, intuitive and fast operation, high reliability and easy, reliable measured data management. The main users are the sanitary-heating-air-conditioning trade, the chimney sweep trade and industry.
With this strategic purchase, REMS is boosting its competence in the field of pressure and leakage testing, gas measurement and leak detection and extending its product range specifically. The measuring instruments will be on offer under the previous Dräger MSI designations for the time being and, in 2025, will be available in the usual high quality but in the familiar REMS corporate design.
Sales and consulting will be handled by a Europe-wide network of trade partners, supported by the REMS sales organisations with more than 200 well-trained field consultants. Our own service workshops as well as a wide network of contract after-sales service workshops provide an excellent service.
We look forward to being able to offer you a proven, innovative and target group-orientated range of electronic measuring instruments from now on.