Recover Nordic is a leading provider of property remediation and environmental services in the Nordics.

Recover Nordic serves insurance companies, municipalities, industrial and commercial companies across the Nordics, helping end-customers return to everyday life as quickly as possible following property damages and unexpected events. A majority of the company’s operations relate to property remediation activities following i.e. water or fire damages.The company also offers a variety of environmental services, including pipe cleaning, industrial cleaning, sludge management and dry suction. Recover Nordic was founded in 2013 and is headquartered in Oslo, Norway. The company operates around 100 branches across Norway, Sweden, Denmark and Finland and employs c. 2,100 employees. 

To Recover Nordic

Market Trends & Drivers

Recover Nordic provides mission critical services in attractive and defensive markets.
Property remediation and environmental services have limited exposure to the
economic cycle and both markets are supported by megatrends
such as urbanization, more extreme weather and wear & tear of buildings and infrastructure.

Investment Potential

EQT will support Recover Nordic’s management team in strengthening the company’s
position as the leading property remediation and environmental services player in the
Nordics. EQT will support Recover Nordic with further investments in digitalization,
professionalization and sustainable processes, as well as a continued M&A strategy.

Societal contribution

The icons illustrate the portfolio companies' positive societal contributions based on their solutions i.e. how their products and/or services solve key challenges expressed as the Sustainable Development Goals (SDGs)

Board of Directors

Magnus Tornling Board member
Tore Thorstensen Chairperson
Patrik Högberg Board member
Liselott Kilaas Board member
Åge Landro Board member
Tor Magne Lønnum Board member
Magdalena Persson Board member


Mattias Ringqvist CEO
Elisabeth Christiansen Lund CFO