duagon AG, 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.

duagon has established strong relationships with customers in China, the world’s largest market for railway vehicles, over the last ten years. In order to exploit the existing growth potential, the company intends to further expand its sales network, its development capacities and its supporting functions, particularly in China and in other foreign markets. duagon aims to establish itself as a specialist in providing solutions for data communication in railway vehicles by offering a broader product portfolio and via acquisitions in both the immediate and extended competitive environment.

In May 2018, duagon merged with MEN Mikro Elektronik. Together, the two companies form a leading provider of software and hardware solutions for data processing and communications, particularly in railway vehicles. duagon and MEN complement each other in terms of their product range, technological expertise and global distribution structures. Now under one roof, the companies intend to make better use of the potential of the already growing market. The group of companies expects revenues and earnings to see a year-on-year increase in 2018 on a comparable basis as a result of the consistently good order intake.

In 2019, the management team will focus on integrating duagon and MEN. The aims is for the group of companies to assert itself on the market as a full-service provider for communication solutions in railway vehicles. Early joint sales activities have already been reflected in the order intake in 2018. Given the consistently high level of demand, particularly in China and India, the management team expects revenues and earnings to rise again in 2019.