Mutares has successfully completed the acquisition of Recover Nordic Oy from Recover Group

• New platform investment for the Goods & Services segment
• Provider of property remediation services
• Wide market coverage with 19 branches in Finland

Munich, September 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Recover Nordic Oy from Recover Group. The company will strengthen the Goods & Services segment as a new platform investment in Finland.

Recover Nordic Oy is a leading provider of property remediation services related to, for example, water and fire damages, odour, disinfection, and moisture. The company covers the full value chain following property damages from first response and inspection to demolition, remediation and reconstruction. Headquartered in Vantaa, and operating through its 19 branches, Recover Nordic Oy is able to reach ca. 80% of the Finnish population within one hour.