Drägerwerk AG
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| Kommanditgesellschaft auf Aktien with Aktiengesellschaft as partner with unlimited liability | |
| Traded as | : DRW3, DRW8 |
| Industry | Engineering, medical technology |
| Founded | 1889 |
| Founder | J. Heinrich Dräger and Carl Adolf Gerling |
| Headquarters | Lübeck, Germany |
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Key people
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Stefan Dräger (CEO and chairman of the executive board), Nikolaus Schweickart (Chairman of the supervisory board) |
| Services | Diving equipment, rebreathers, SCBA, medical ventilators and monitors, anaesthetic machines, neonatal incubators, gas detectors, breathalyzers, drug testing equipment |
| Revenue | €2.177 billion (2010) |
| €192.8 million (2010) | |
| €90.7 million (2010) | |
| Total assets | €1.977 billion (end 2010) |
| Total equity | €636.6 million (end 2010) |
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Number of employees
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11,290 (end 2010) |
| Website | www.draeger.com |
Drägerwerk AG is a German company based in Lübeck which makes breathing and protection equipment, gas detection and analysis systems, and noninvasive patient monitoring technologies. Customers include hospitals, fire departments and diving companies.
The company was founded in Lübeck in 1889 as Dräger & Gerling by J. Heinrich Dräger and Carl Adolf Gerling. The first patent was taken out for a reduction device for using carbon dioxide to dispense beer. In 1902 Heinrich Dräger's son Bernhard entered the management; from then on, the company was named Drägerwerk Heinr. und Bernh. Dräger. Since 1970, Drägerwerk has been a public limited company, or Aktiengesellschaft (AG) in German.
In 2003, the aerospace division was sold to Cobham plc. In July 2006, it was announced that Draeger Aerospace GmbH had been acquired by B/E Aerospace, Inc.
Draeger's stock has tumbled to it's lowest YTD close of 66.6 EU on of 4/18/18. It's YTD high was 104.15 EU on 5/10/17.
Dräger Medical is a manufacturer of medical equipment. The company offers products and services including Emergency Care, Perioperative Care, Critical Care, Perinatal Care and Home Care. With headquarters in Lübeck, Germany, Dräger Medical employs nearly 6,000 people worldwide, around half of whom work in customer sales & services. R&D and production are located in Lübeck, Germany; Best, Netherlands; Richmond Hill, ON, Canada; Telford, PA, USA; Andover, MA, USA; and Shanghai, China. The company has sales and service subsidiaries in almost 50 countries and is represented in more than 190 countries.
Dräger Safety GmbH is a manufacturer of personal protection and gas detection technology, and a supplier of safety systems for industry, fire prevention, mining and other hazardous areas. The products and services from Dräger Safety warn and protect people from airborne pollutants and enable people to breathe reliably even in extreme situations.
Dräger claims to have longstanding experience, especially in the fields of gas management, gas flow control, gas monitoring and gas measurement. The current product range encompasses respiratory protective equipment for firefighters, miners and other industrial personnel as well as complete air filter and air supply systems, portable and fixed gas detection and warning systems, devices for on-site or laboratory contaminant analysis, and instruments to determine a person's breath-alcohol concentration.
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Wikipedia