Mutares SE & Co. KGaA (ISIN: DE000A2NB650) 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 that is active in the remediation and restoration services sector in Scandinavia. The transaction, announced on July 15, 2026, provides Redo with a strong strategic home and access to a broader Nordic platform to support its continued development.
Redo is one of Finland's leading providers of first-response and property remediation services. The company offers inspection, demolition, drying, and reconstruction services related to water, fire, moisture, and odour damage. With approximately 250 employees and revenues of 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 final sale now 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."
Mutares SE & Co. KGaA is a listed private equity holding company with offices in Munich (HQ), Amsterdam, Bad Wiessee, Chicago, Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai, Stockholm, Tokyo, Warsaw, and Vienna. The company acquires companies in transition that show significant potential for operational improvement and are resold after stabilization and repositioning. Mutares follows a sustainable minimum dividend policy. The shares of Mutares SE & Co. KGaA 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 original release is available at www.newmediawire.com.
