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 providing access to a larger Nordic platform through Invex's existing remediation and restoration subsidiary, Recover.
Redo Oy is one of Finland's leading first-response and property remediation companies, offering inspection, demolition, drying and reconstruction services for water, fire, moisture and odour damage. With approximately 250 employees and revenues of EUR 25 million in 2025, the company operates a nationwide network of more than 20 locations, enabling it to serve roughly 80% of the Finnish population within one hour. Since its acquisition by Mutares in 2023, Redo underwent a comprehensive transformation and optimization program, culminating in this strategic sale.
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." The sale reflects the industrial attractiveness and future growth potential of the business, according to Mutares.
Mutares SE & Co. KGaA is a listed private equity holding company that acquires companies in transition, with a focus on operational improvement and subsequent resale. The company has offices in multiple global cities and follows a sustainable minimum dividend policy. More information about Mutares is available at www.mutares.com.
The transaction underscores the ongoing consolidation in the Nordic remediation services sector, as strategic buyers seek to expand their geographic reach and service capabilities. For Redo, the partnership with Invex Group is expected to enhance its competitive position and support future growth initiatives.
