Mutares SE & Co. KGaA has completed the sale of Redo Oy, a leading 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 within a broader Nordic platform under Invex Group's ownership.
Redo specializes in first-response and property remediation services, including inspection, demolition, drying, and reconstruction related to water, fire, moisture, and odor damage. With approximately 250 employees and revenues of EUR 25 million in 2025, the company operates a nationwide network of over 20 locations, enabling it to serve about 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 a strategic buyer like Invex Group reflects the industrial attractiveness and future growth potential of the business. Invex Group, which already owns Recover, a company active in remediation and restoration services in Scandinavia, offers Redo access to a strong Nordic platform and industry expertise.
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, based in Munich, is a listed private equity holding company that acquires companies in transition, focusing on operational improvement and subsequent resale. The company has offices globally, including in Helsinki, Stockholm, and Oslo, and is listed on the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650). More information about Mutares can be found at www.mutares.com.
This sale marks a significant milestone for Redo, providing it with a stable strategic home and the resources to continue its growth trajectory in the Nordic remediation market.
