Mutares Sells Finnish Property Remediation Firm Redo to Invex Group

Mutares SE & Co. KGaA has sold Redo Oy, a leading Finnish provider of property remediation services, to Invex Group, a Norway-based industrial investor and owner of Recover. This strategic transaction provides Redo with a strong platform for its next phase of development, leveraging Invex Group's Nordic presence and expertise in remediation and restoration services. Redo, operating a nationwide network of over 20 locations and employing approximately 250 people, reported revenues of about EUR 25 million in 2025. The company specializes in first-response and property remediation services, including inspection, demolition, drying, and reconstruction for water, fire, moisture, and odour damage. With its extensive network, Redo can serve roughly 80% of the Finnish population within an hour, underscoring its critical role in rapid emergency response. Since joining Mutares in 2023, Redo underwent a comprehensive transformation and optimization program, enhancing its operational efficiency and market positioning.

Johannes Laumann, CIO of Mutares, expressed satisfaction with finding the right long-term owner for Redo in Invex Group, highlighting the strategic fit and growth potential. The transaction reflects the industrial attractiveness of Redo's business model and its future prospects within a broader Nordic platform. Mutares, a listed private equity holding company with a presence in major global cities including Munich, Helsinki, and London, focuses on acquiring companies in transition with significant operational improvement potential. This sale aligns with Mutares' strategy of stabilizing and repositioning portfolio companies before resale. For more information, visit www.mutares.com or view the original release on www.newmediawire.com.

This deal not only secures Redo's continued growth under a strategic owner but also reinforces the consolidation trend in the property remediation sector across Scandinavia. Invex Group's ownership is expected to provide Redo with enhanced resources and market access, benefiting customers through improved service coverage and efficiency. The transaction underscores the value created by Mutares' hands-on approach to portfolio company transformation, delivering a successful exit that rewards stakeholders while ensuring the business's long-term viability.