Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has completed the sale of Redo Oy, a leading Finnish provider of property remediation services, to Invex Group, a Norway-based industrial investor and owner of Recover, which operates in the remediation and restoration services sector across Scandinavia. The transaction, announced on July 15, 2026, positions Redo for its next phase of development with access to a larger Nordic platform.
Redo is one of Finland's foremost providers of first-response and property remediation services, including inspection, demolition, drying and reconstruction related to water, fire, moisture and odour damage. With approximately 250 employees and revenues of EUR 25 million in 2025, the company operates a nationwide network of more than 20 locations, enabling it to serve about 80% of the Finnish population within one hour.
Since joining Mutares in 2023, Redo has undergone a comprehensive transformation and optimization program. The final sale to a strategic buyer underscores 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."
Mutares SE & Co. KGaA is a listed private equity holding company with offices in Munich, Amsterdam, Chicago, Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai, Stockholm, Tokyo, Warsaw, and Vienna. It acquires companies in transition that show significant potential for operational improvement and are resold after stabilization and repositioning. The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" and are included in the SDAX selection index. For more information, visit www.mutares.com.
The original release can be viewed on www.newmediawire.com.
