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2500 employees
110 branches
500 daily assignments

RECOVER SUPPORTS

THE UNITED NATION’S SUSTAINABLE DEVELOPMENT GOALS (SDG)

We believe that our ability to deliver societal impact as well as resource efficiency, is vital to future-proofing the business and to the company’s long-term success.

The SDGs provide an effective framework to guide our priorities and is quickly becoming The global road map of sustainability and responsible business practices. By using the SDGs as our compass, we make sure that our priorities are aligned with the national and international agenda, and it enables us to communicate our sustainability and business strategy more effectively.

INTRODUCTION

RECOVER GROUP

Recover Group is the clear Nordic market leader in damage control services to insurance companies, with long- term framework agreements with most of the largest insurers, and has a rapidly growing high-margin non-insurance environmental services business. The Company operates in a non-cyclical industry characterised by non-discretionary repeat purchases. Since its establishment as a standalone business five years ago, it has increased revenues by 70%. Recover is a pan-Nordic operator with full national coverage in Sweden, Norway, Denmark and Finland. Recover has more than 2,500 employees across the Nordics, operating from around 110 branches

ABOUT OUR COUNTRIES

NORWAY

Recover Norway is on call 24/7 all through the year and is a preferred partner among the biggest insurance companies who rely on us to efficiently assist their customers experiencing a damage to their property.

SWEDEN

Recover Sweden is a full service business within environmental services, property and damage control, emergency services, demolition and concrete drilling, transport and waste management.

DENMARK

With more than 35 years of experience within the field of damage control and industrial services, Recover Denmark is a strong contender in the Danish market.

FINLAND

The Finnish branch employs 300 persons in several locations covering the hole country. Recover Finland is available 24/7 throughout the year.

Services offered

Damage control and environmental services

The Company deliver a wide array of services mainly, but not limited, to the following areas:

Damage Control

Water damage
Fire damage
Reconstruction
Light demolition

Environmental Services

Construction waste handling
Radon and asbestos cleaning
Mold investigation and removal
Decontamination
Ventilation cleaning
Waste removal
Oil spills

Industrial Services

Industrial cleaning
Technical cleaning
Façade cleaning
Demolition (machines)
Sludge management
Vacuum suction
Pipe inspection

40 years of experience

Company history

In 2013, Agilitas Private Equity acquired ISS Skadeservice, the Norwegian, Danish and Finnish damage control activities of ISS, in three simultaneous carve-outs. The businesses were merged and subsequently rebranded Recover Group.

During 2013 and 2014, recover focused on separating from ISS and creating a Group Management team. Previous chairman Ståle Angel (previously CEO Elixia) and CFO Finn Øistein Nordam (previously CFO of Blueway and Samlerhuset) joined Recover in 2014. Previous CEO Bjørn Herlofsen (former SVP at ISS and Operations Director for ISS APAC and Central Europe) joined in January 2015.

In late 2014 and 2015 the new management team aquired and integrated five companies, becoming a fully pan-Nordic player and the Nordic market leader in damage control. It also represented a step change for Recover's Environmental activities.

In 2016 the management team was further strengthened with new MDs of Norway and Finland. Recovers sixth add-on acquisition was completed January 2017. The acquisition expands the geographic coverage of Sweden.

Since then has Recover Group been growing in all countries by both add-on acquisitions and organic growth.