DEEN
Internationalisation and enlargement of product range
€62.2mn
equity investment
CHF17mn
revenues 2016
60
Employees 2016

KEY FACTS AT A GLANCE

  • First management buyout in Switzerland
  • Growth through expansion of development capacity and the sales network in international markets
  • Aim: Establishment as full-line solutions provider for data communication in railway vehicles

duagon AG

Investment by
DBAG FUND VII

€62.2mn

thereof DBAG

€14.1mn

Management-Buy-Out
Shareholders:
DBAG FUND VII

100.0%

thereof DBAG

22.4%

other shareholders

-

First invested

JULY 2017

REVENUES in CHFmn

 

17

 

2016

As of 13 July 2017

Duagon has succeeded in gaining sustainable customer relationships, broad technological expertise and thus a strong competitive position in its niche market. The position the company has reached and the very positive market drivers are an ideal platform for outstanding revenue and earnings growth.

TOM ALZIN
MANAGING DIRECTOR

PROFILE

Duagon AG was founded in 1995 and is now a leading independent provider of network components for data communication in railway vehicles. The company’s products enable communication between individual sub-systems such as doors, brakes, air-conditioning units and the central processor via the so-called TCN (Train Communication Network). Modern trains have an increasing number of such sub-systems manufactured by different suppliers which must be connected to the TCN. Products made by duagon make it easier for suppliers to integrate their systems into the different train manufacturers’ networks, thereby reducing sources of error. Duagon interfaces allow the systems manufacturers to focus on their core competence: developing the relevant systems for railway vehicles.

POTENTIAL FOR DEVELOPMENT

Demand for railway vehicles is growing, fuelled by the buildout of high-speed lines and urban metro systems. Over the past ten years, duagon has built strong ties to customers in China, the largest market for railway vehicles. The company, furthermore, is benefiting from the growing share of trains equipped with a TCN and the increasing number of systems that are connected to the TCN in those trains. To exploit that potential, duagon will expand its sales network, development capacity and support functions particularly in China and other international markets. The company wants to establish itself as a full-line solutions provider for data communication in railway vehicles – through a broader production portfolio and add-on acquisitions in its direct and extended competitive environment.

Responsible team member

Tom Alzin
Tom Alzin

Managing Director

Tom Alzin
Name:
Tom Alzin
Investment focus:
Management buyouts
Telephone:
+49 69 95787-219
E-Mail:

Tom Alzin

Managing Director

Tom Alzin joined Deutsche Beteiligungs AG in 2004 and became a Managing Director in 2011.

He studied Business Administration at HEC Lausanne and at the London School of Economics.

Tom Alzin has more than twelve years of experience in private equity. During that time, he gained a wealth of knowledge, particularly in the mechanical and plant engineering and in the services sector. Tom Alzin was involved in numerous acquisitions and realisations and also in the IPO of Homag. The realisations of Homag and Spheros, subsequent to their very successful development, are two of his most successful transactions. Tom Alzin also led the investment process in FDG, Pfaudler, Schülerhilfe, Telio, Polytech and duagon and sits on the advisory councils of the companies, which are still part of the DBAG portfolio.

Current portfolio companies

Duagon AG Telio Management GmbH Polytech Health & Aesthetics GmbH Pfaudler International S.à r.l.

Former portfolio companies

Tom Alzin

Managing Director

+49 69 95787-219
tom.alzin@dbag.de