Reledo, a Celero Capital portfolio company, enters Denmark – acquires MTM Service

Reledo takes it first step into the Denmark by acquiring Danish FM operator MTM Service, a well-renowned company in cleaning and facility management with operations across Zealand. For several consecutive years, MTM Service has been awarded the prestigious Gazelle prize for its growth and quality.

The acquisition means that Reledo is now established in Sweden, Finland, Norway – and Denmark. For Celero, the transaction is a first step into the Danish market and therefore represents an important milestone in Celero's strategy to build strong Nordic companies.

“MTM Service is an excellent addition to Reledo and marks our first establishment in Denmark. With MTM on board, we strengthen our Nordic presence and can offer customers solutions across borders,” says Jonas Warnander, CEO of Reledo.

“We are proud to become part of Reledo and look forward to developing the business together. For us, the deal means both continuity and new opportunities,” says Thomas Rune, CEO of MTM Service.

For more information, please contact Peter Möller, Managing Partner at Celero Capital, at pm@celerocapital.comor on +46 70 373 33 18