Gasmet Technologies Oy (“Gasmet”), portfolio company of Alder Fund I AB (“Alder”), a Swedish private equity firm, has been sold to Nederman AB (“Nederman”).
Gasmet develops, manufactures, and markets complete solutions for monitoring industrial emissions as well as industry leading portable gas sensing instruments used in a variety of growing academic and commercial end markets. The Company has supplied more than 4000 analyzers worldwide, having the largest installed base for on-site and industrial applications.
The buyer, Nederman, is a global leader in industrial air filtration dedicated to capturing, measuring, controlling, and cleaning air to make industrial production more efficient, safe and sustainable. Nederman acquired 100% of Gasmet at an enterprise value of €56 million.
EC M&A acted as exclusive financial advisor to Alder and Gasmet on this transaction.