Dragons Invest In New Misfuelling Device
Aug 12th, 2008A company that specialises in manufacturing devices to prevent misfuelling has won a record investment from two of the country’s leading entrepreneurs.
DDN was awarded £250,000 to help market its Misfuelling Prevention Device (MPD) after appearing on BBC2’s Dragons’ Den after Deborah Meaden and Theo Paphitis teamed up to invest in the product.
The MPD is a retro-fit tube that replaces a vehicle’s existing fuelcap and prevents users from inserting a petrol nozzle into the cap of a diesel vehicle.
DDN is looking to increase its manufacturing capacity and aims to fit 83% of the new and used vehicle market.
Michael Cotton, managing director of DDN, explaining the reasons for installing the MPD, said: “The financial impact of mis-fuelling can be huge, costing between £250 and £12,500 to drain the tank and sort out the engine.”
DDN has successfully trialled its product on over 15 police fleets and Mr Cotton believes that fleets can play a major role in the growth of the business.


