DRДGERWERK AG & CO. KGAA

DRДGERWERK AG & CO. KGAA

Previous company name
DRДGERWERK AG
Name change date

Company Overview
The company is a global leader in the fields of medical and safety technology. It specializes in the manufacture, marketing and sale of anesthesia workstations, emergency and mobile ventilation units, patient monitoring equipment, information technology solutions, gas management systems, warming therapy equipment for infants, and ventilation equipment for intensive and home care applications. Other offerings are mobile gas measuring devices, stationary gas measurement systems, helmets, air breathing equipment, protective suits, masks, filters, escape equipment, and diving equipment. The company serves clinical IT, respiratory care, oil and gas, fire, mining, and neonatal care sectors. The company was founded in 1889 and is based in Lьbeck, Germany.
Business Summary
The Company, formerly Draegerwerk AG, is a Germany-based company engaged in the medical and safety technology sectors. The Company divides its activities into two business divisions: Draeger Safety and Draeger Medical. The Company operates through worldwide network of its sales and service subsidiaries in over 40 countries, and representative offices in 190 countries.
Description and history
A company history spanning over 110 years. Ever since the company was founded in the year 1889, Drдger has successfully faced up to the technological challenges of its markets. From the pressure reducer valve to the very latest in device technology – countless patents in the areas of medical technology, safety technology and aerospace technology were registered up to 2003. And development still continues today…
IMPORTANT MILESTONE’S COMPANY:
1970
Drдgerwerk becomes ‘Drдgerwerk Aktiengesellschaft Lьbeck’. Nine years later the company is floated and preference shares are issued.
1983
Drдger participation certificates are quoted on the stock exchange; staff are offered participation certificates for the first time
1989
Foundation of Drдger’s company health insurance fund (BKK). To date, the BKK insures 61,300 people.
1994
First ‘Voluntary profit-sharing at Drдger’: staff are given the chance to share the company’s profits in the form of participation certificates..
1995
Drдger sets standards in long-term ventilation with the market launch of its ‘Evita’ ventilator system.
1997
Restructuring at Drдger complete: since 1997, Drдgerwerk AG has been a strategic management holding company. The divisions are run as independent individual companies.
1998
Environmental award for Drдger: Drдger ProTech is named 1998 ‘Environmentally-Friendly Firm’ of the year, a prize awarded by the Studien- und Fцrdergesellschaft der Schleswig-Holsteinischen Wirtschaft, the Studies and Promotion Society of the Schleswig Holstein Economy.
1999
Drдger Sicherheitstechnik launches the new ‘Dolphin’ rebreather onto the market.
2002
Yet another milestone in our financial communication: Drдgerwerk AG is included in the German MDAX stock exchange listing. With the subsequent restructuring of the German indexes, Drдger shares are listed from 2003 in the TecDax, the index for German technology companies.
2002
Restructuring of the Drдger Medical and Drдger Safety subgroups is completed with the integration of the international subsidiaries, production and sales companies.
2002
The cooperation agreement signed between Drдger Safety and Schuberth Helme GmbH lays the foundation stone for the development of new integrated head protection systems for fire brigades, police and occupational safety – one result of the cooperation is the HPS 6100 fire brigade helmet.
2003
The start of the Drдger Medical – A Drдger and Siemens Company joint venture gives Drдger Medical a complete and highly impressive acute care product portfolio with point-of-care solutions for the hospital.


Description in German
Die Dragerwerk AG, Lubeck, wurde 1889 gegrundet. Seit mehr als einem Jahrhundert steht der Name Drager weltweit fur sicheres Atmen, ist im Zusammenhang mit Leben und Uberleben zum Begriff geworden. Unsere Produkte uberwachen, unterstutzen und schutzen lebenswichtige Funktionen des Menschen. Sie schaffen bessere und sicherere Bedingungen fur unsere Gesundheit und die Umwelt. Unsere Leitidee heisst daher ‘Drager – Technik fur das Leben’. Uberall wo menschliche Atmung erschwert oder gefahrdet ist, sucht und findet Drager die Problemlosung – aus Tradition.
Ob bei Rettungsmassnahmen, zur Narkose, fur Therapiezwecke oder in einer schadstoffbelasteten Umgebung: Alle Drager-Produkte erfullen die Grundidee des Schutzens und Aufrechterhaltens des menschlichen Lebens.
Die langjahrige Erfahrung und der hohe Wissensstand, den Drager in der Beherrschung von Gasen, ihrer Dosierung, Steuerung, Uberwachung und Messung besitzt, sind in unsere Produktlinien eingeflossen. Sei es in Systeme der Medizintechnik, Sicherheitstechnik, Luft- und Raumfahrt – oder Unterwassertechnik.
Business Line
Engaged in the manufacture, marketing and sale of medical and safety technology
Subsidiary
ACE PROTECTION AB
Advisor
PRICEWATERHOUSECOOPERS AKTIENGESELLSCHAFT WIRTSCHAFTSPRUFUNGSGESELLSCHAFT
IPO date
8/3/1998
US SIC Code
3826
Company Address
Moislinger Allee 53-55

City province or state postal code
23542, LUEBECK
Phone: +49 451 882 2685
Fax: +49 451 882 7268
Country address: GERMANY
Website url: www.draeger.com