Mutares SE & Co. KGaA has announced the sale of Redo Oy, a Finnish provider of property remediation services, to Invex Group, a Norway-based industrial investor. The transaction, finalized on July 15, 2026, positions Redo for its next phase of development within a broader Nordic platform.
Redo Oy is one of Finland's leading companies in first-response and property remediation, offering inspection, demolition, drying, and reconstruction services for water, fire, moisture, and odor damage. With approximately 250 employees and revenues of around EUR 25 million in 2025, the company operates a nationwide network of more than 20 locations, enabling it 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 Invex Group, which owns Recover, a player in remediation and restoration services in Scandinavia, is expected to provide Redo with a strong strategic home and access to a broader Nordic platform to support its continued development.
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 (ISIN: DE000A2NB650) is a listed private equity holding company with offices in Munich, Amsterdam, Bad Wiessee, Chicago, Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai, Stockholm, Tokyo, Warsaw, and Vienna. The company focuses on acquiring companies in transition that show significant potential for operational improvement and are resold after stabilization and repositioning. For more information, visit www.mutares.com.
This strategic transaction underscores the industrial attractiveness and future growth potential of Redo, highlighting Mutares' ability to transform and optimize companies for successful exits. The sale aligns with Mutares' strategy of acquiring, improving, and divesting companies at higher valuations, providing a clear path for Redo's continued expansion under new ownership.
