Mutares SE & Co. KGaA has completed the sale of Redo Oy, a Finnish provider of property remediation services, to Invex Group, a Norway-based industrial investor. The transaction, announced on July 15, 2026, positions Redo for its next phase of development by integrating it into a larger Nordic platform alongside Invex's existing remediation and restoration services subsidiary, Recover.
Redo is one of Finland's leading first-response and property remediation companies, specializing in 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 about 80% of Finland's population within an hour.
Since its acquisition by Mutares in 2023, Redo underwent a comprehensive transformation and optimization program. The sale to a strategic buyer underscores the industrial attractiveness and future growth potential of the business. Johannes Laumann, CIO of Mutares, stated, "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."
Mutares, a listed private equity holding company with shares traded on the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650), focuses on acquiring companies in transition that show significant potential for operational improvement. The company follows a sustainable minimum dividend policy and maintains offices in major cities globally, including Munich, Helsinki, and Stockholm.
For more information about Mutares, visit www.mutares.com.
