Alder completed the acquisition of a majority stake in Flamonitec.

Alder, a Nordic investment fund completed the acquisition of a majority stake in Flamonitec, a manufacturer of flame scanners and flame monitoring systems. Financial terms were not disclosed. "We at Flamonitec are excited about the new partnership with Alder, which marks a significant milestone in our company's journey. Since our foundation, we have strived to lead in the field of flame monitoring systems, and this collaboration with Alder will allow us to further expand our capabilities and reach new markets. Alder's experience and commitment to sustainable growth align perfectly with our values and vision for the future. Together, we are well-positioned to continue our legacy of innovation and excellence in the industry," Jens Michael Mindermann, Flamonitec Shareholder.