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New Deal


Announced

Mutares to acquire Recover Nordic.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Norway

Maintenance Repair and Overhaul (MRO)

damage control services

Acquisition

Cross Border

Majority

Private

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Mutares, a German based holding company, agreed to acquire Recover Nordic, a property remediation services provider. Financial terms were not disclosed. „With this transaction, Mutares further builds on its successful presence in Finland, having recently acquired Palmia, where our turnaround program is already starting to show results. We are very happy to welcome Recover Nordic Oy to our portfolio and, as previously mentioned, remain committed to continuing the growth of our presence in Finland and the Nordic region,“ Johannes Laumann, Mutares CIO.

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