Mutares SE & Co. KGaA (ISIN: DE000A2NB650) announced the sale of Redo Oy, a leading provider of property remediation services in Finland, to Invex Group, a Norway-based industrial investor. The transaction, announced on July 15, 2026, provides Redo with a strategic home and access to a broader Nordic platform through Invex Group's existing remediation and restoration services company, Recover.
Redo is one of Finland's foremost first-response and property remediation service providers, offering inspection, demolition, drying, and reconstruction services for water, fire, moisture, and odor damage. With approximately 250 employees and revenues of EUR 25 million in 2025, Redo operates a nationwide network of over 20 locations, enabling it to serve about 80% of the Finnish population within one hour. This sale marks the culmination of a comprehensive transformation and optimization program initiated after Mutares acquired Redo in 2023.
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."
The sale to a strategic buyer underscores the industrial attractiveness and future growth potential of Redo. For Mutares, this divestiture aligns with its business model of acquiring companies in transition, stabilizing them, and reselling them after operational improvement. Mutares SE & Co. KGaA, a listed private equity holding company with offices globally, including Munich, Amsterdam, Chicago, and Helsinki, follows a sustainable minimum dividend policy. Its shares trade on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" and are included in the SDAX selection index.
The transaction is significant for the Nordic remediation market as it consolidates expertise and resources. Invex Group's ownership of Recover, active in Scandinavia, combined with Redo's strong Finnish presence, is expected to create synergies and enhance service capabilities across the region. For Redo's employees and customers, the acquisition by a specialized industrial investor with a long-term perspective may mean greater investment in technology and service expansion. The broader industry may see increased consolidation as companies seek scale to meet growing demand for property remediation services driven by climate change and aging infrastructure.
More information about Mutares can be found at www.mutares.com. The original press release is available at www.newmediawire.com.
