Hamburg, 29.04.2021
GÖRG has advised the leading EMS and E²MS provider Turck duotec GmbH with regard to its investment in the Dresden based deep tech start-up SmartNanotubes Technologies GmbH.
Initially funded by Technologiegründerfonds Sachsen and Technische Universität Dresden, SmartNanotubes has developed a smell sensor based on nano materials. As the first multi-channel gas detector chip it is not only smaller but also much more sensive and energy efficient than any existing solution.
Together, SmartNanotubes and Turck duotec are developing a „digital nose“ which will grant machines and appliances a sense of smell for the first time. Potential applications of the technology are numerous and range from food processing and medical diagnostic to building technology, smart home solutions and security.
For Turck duotec the investment in SmartNanotubes as an innovative and disruptive future technology is another step in strategically broadening its portfolio.
Advisors
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Frank Evers, Partner, M&A / Corporate, Hamburg
Paul Caesar Rode, Associated Partner, M&A / Corporate, Hamburg
About the duotec group
Turck duotec is an Electronics Engineering and Manufacturing Services (E²MS) provider and Original Design Manufacturer (ODM) supplier. The duotec group develops and manufactures customer-specific electronics solutions in the fields of medical technology, building automation and mobility. In addition to Turck duotec GmbH in Halver, Turck duotec Beierfeld (Germany), Turck duotec S.A. Delémont (Switzerland), Turck duotec S. DE RL DE CV (Mexico) and TSL Escha GmbH Halver (Germany) belong to the duotec group.
