Mutares Completes Sale of Redo Oy to Invex Group, Strengthening Nordic Remediation Platform

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 and owner of Recover, which is active in remediation and restoration services across Scandinavia. The transaction offers Redo a strong strategic home and access to a broader Nordic platform to support its continued development.

Redo is one of Finland's premier providers of first-response and property remediation services, specializing in inspection, demolition, drying, and reconstruction related to 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 approximately 80% of the Finnish population within one hour.

Since joining Mutares in 2023, Redo has undergone a comprehensive transformation and optimization program. The final sale to a strategic buyer reflects the industrial attractiveness and future growth potential of the business. 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 (www.mutares.com) is a listed private equity holding company that acquires companies in transition showing significant potential for operational improvement, stabilizes them, and resells them. The company follows a sustainable minimum dividend policy and is traded on the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650), included in the SDAX selection index. For more information, the original release is available at www.newmediawire.com.