Frankfurt, 9 September 2024 – The international law firm ADVANT Beiten has rendered comprehensive legal advice to the sole shareholder of Flamonitec | BFI Automation Mindermann GmbH ('Flamonitec'), Mr Markus Jens Michael Mindermann, on the sale of all shares to Alder AB ('Alder'). The parties have agreed not to disclose the transaction volume.
Dusseldorf-based Flamonitec is a global leader in the development, manufacture and sale of flame monitoring systems and other combustion technology components as well as the development and marketing of environmental technology and processes, particularly in the fields of control, regulation, sensor technology and image processing. The company has an international customer base. The solutions developed by Flamonitec in more than fifty years in the business are protected by numerous patents.
Alder is an investment fund based in Stockholm, Sweden, aiming to ensure the sustainable, long-term development of technology and service companies. Flamonitec is the first acquisition in a consolidation initiative by Alder within advanced measurement and monitoring technology, especially for the combustion industry.
The sales process was structured and organised by the M&A consulting firm Mayland AG of Dusseldorf.
Advisor to Flamonitec | BFI Automation Mindermann GmbH:
ADVANT Beiten: Dr Christof Aha, Maik Merkens (both Lead Partners), Mark Thönißen, Felix Busold (all Corporate/M&A, Frankfurt), Leopold Linden (Real Estate, Frankfurt), Christian Hipp (Public Law, Berlin).
CMS Wistrand: Sascha Schäferdiek, Louise Berlin
Advisor to Alder AB:
White & Case: Dr Matthias Kiesewetter, Dr Maximilian Eichhorn, Isak Brunecevic, Andreas Lexhag, Dr Nico Frehse
Media Contact
Frauke Reuther
Manager Kommunikation
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com
Dr Christof Aha
Rechtsanwalt
ADVANT Beiten
+49 (69) 756095 - 451
