Mutares SE & Co. KGaA has completed the sale of Redo Oy, a Finnish provider of property remediation services, to Invex Group, a Norway-based industrial investor and owner of Recover, which is active in remediation and restoration services across Scandinavia. The transaction, announced on July 15, 2026, positions Redo for its next phase of development within a larger Nordic platform.
Redo is a leading provider of first-response and property remediation services in Finland, offering inspection, demolition, drying and reconstruction services related to water, fire, moisture and odour damage. With approximately 250 employees and revenues of around EUR 25 million in 2025, Redo operates a nationwide network of more than 20 locations, enabling the company to serve approximately 80% of the Finnish population within one hour.
Since joining Mutares in 2023, Redo has undergone a comprehensive transformation and optimization program. The sale to a strategic buyer reflects the industrial attractiveness and future growth potential of the business. Johannes Laumann, CIO of Mutares, commented: "We are pleased to have found the right long-term owner for Redo in Invex Group. Their strong Nordic presence and industry expertise provide an excellent platform for the company's continued development. We thank the management team and employees for their commitment during Redo's time within the Mutares portfolio and wish them every success for the future."
For the remediation services industry in Finland and the broader Nordic region, this acquisition signals consolidation and the creation of a more robust service network. Invex Group, through its existing platform Recover, brings deep industry expertise and a regional footprint that can help Redo expand its capabilities and reach. Customers in Finland can expect continued high-quality service, with the potential for enhanced service offerings as Redo integrates into a larger group.
Mutares SE & Co. KGaA, a listed private equity holding company based in Munich, acquires companies in transition that show significant potential for operational improvement. The company follows a sustainable minimum dividend policy. Its shares are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650) and are included in the SDAX selection index. More information about Mutares can be found at www.mutares.com.
The transaction highlights the ongoing trend of strategic investments in the remediation services sector, driven by increasing demand for rapid, specialized property damage response. For employees and stakeholders of Redo, the sale provides stability and growth opportunities under a dedicated industry owner.
