duagon, Dietikon (Switzerland)

Embedded electronics for railway, medtech and critical automation applications

Profile

duagon, which has its registered office in the Swiss city of Dietikon, was established in 1995 and has since become a leading independent provider of network components for data communication in railway vehicles. The company’s products allow individual railway vehicle systems, such as doors, brakes, air conditioning systems and the primary control computer, to communicate via what is known as the TCN (“train communication network”). This makes it easier to integrate these systems into the train manufacturers’ networks and limits sources of errors in the process. This allows suppliers to concentrate on their core competencies, namely the development of the individual railway vehicle components. duagon products are used by virtually all train manufacturers and system suppliers.

Management Buyout

Majority investment of DBAG Fund VII
First invested
July 2017
Revenues 2024
€126mn

As of 30 September 2025

 

Contact

Maximilian Hegel
Maximilian Hegel
Maximilian Hegel
+49 69 95787-232

Maximilian Hegel

Managing Director

Maximilian Hegel joined Deutsche Beteiligungs AG in 2014.

He has ten years of experience in the private equity sector.

Maximilian Hegel holds a Bachelor of Science in Business Administration from the WHU – Otto Beisheim School of Management, and a Master of Science in Management from the University of Mannheim. He also studied at the Olin Business School at Washington University, St Louis, and at Bentley University, Boston.

Current portfolio companies

congatec Kraft & Bauer duagon

Former portfolio companies