Remeo

What Remeo does

Remeo Oy is a Finland-headquartered (Vantaa) circular economy services company operating a nationwide network of 15 waste processing facilities and 12 waste collection units, supported by a fleet that includes electric vehicles. Founded in 1964 (as Sohu, later Sita and Sita Suez) and rebranded to Remeo in 2017, the company has been privately owned by Finnish family investment firm Hartwall Capital since 2016. Remeo serves enterprise customers across construction, industrial, real estate, trade & service, healthcare, energy, automotive, events and private households, with named accounts including construction firm Jatke and municipal customer Lakeuden EKO.

The company's core technology stack combines optical separation of plastics, AI-driven robotic sorting (computer vision) for construction and demolition waste, and industrial-scale waste processing equipment at its flagship Mega facility in Vantaa. These inputs produce six secondary raw material product lines — plastics, metals, fibers, recycled wood, aggregates, and solid recovered fuel (SRF) — sold to industrial customers. Supporting digital infrastructure includes a customer reporting portal (tieto.remeo.fi) and the mScales mobile self-service weighing application, with pricing structured around quote-based and per-tonne processing fees, recurring waste collection subscriptions, and ancillary services such as a EUR 12.90 per-transaction waste transfer note.

Remeo's revenue model spans four streams: subscription/recurring waste collection and transportation, usage-based waste reception at facilities, transaction-fee waste processing, and transaction-fee recycled raw material sales. The company processed approximately 400kt of waste in 2025, generating roughly EUR 103M in revenue on a 500-person headcount. The company has undertaken structural and operational adjustments in recent years — a 2022 acquisition of Delete Ympäristöpalvelut Oy for EUR 36.3M, a CEO transition to Panu Routasalo in October 2024, group-wide personnel restructuring in 2025 (15 permanent terminations), planned April 2026 price increases (+8.5% across core services) plus a new fuel surcharge — and currently faces regulatory friction over the Rusko facility (permit revoked November 2025, under appeal) and Viikki facility (operations suspended September 2025).

Name

Remeo

Legal name

Remeo Oy

Website

https://remeo.fi

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

101–250 employees

Short description

Remeo Oy is a Finland-based circular economy company operating 15 processing facilities and 12 collection units nationwide, collecting, processing, and recycling waste into secondary raw materials (plastics, metals, fibers, wood, aggregates, SRF) for industrial customers. Privately held under Hartwall Capital since 2016.

Ownership category

akta.pro rank

Product category

Waste Management & Recycling Services

NAICS

Materials Recovery Facilities (562920), Waste Management and Remediation Services (562), Waste Collection (56211)

akta.pro primary industry

Commercial & Industrial (C&I) Recycling Processing (BPALADAC)

akta.pro secondary industries

Recyclables Transfer & Consolidation (Single/Source-Separated) (BPALABAD), Recycling Transfer & Consolidation (Single-Stream, Dual-Stream, Source-Separated) (EUAIABAC)

Keywords

• Waste management services
• Material recycling
• Circular economy solutions
• Recycled raw materials
• Industrial waste processing

Headquarters

HQ city

Vantaa

HQ country

Finland

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Waste Collection and Transportation: Collection and transportation of waste from customer locations to processing facilities. Services include container emptying, waste collection, and logistics management for businesses and municipalities.
2. Waste Reception Services: Acceptance and reception of waste materials at processing facilities. Customers deliver waste using scale services (phone or mobile weighing via mScales app).
3. Waste Processing: Processing of waste materials at facilities to maximize material recovery. Environmental permits form foundation of operations with continuous monitoring and reporting to authorities.
4. Recycled Raw Material Sales: Sale of recycled raw materials (plastics, metals, fibers, wood, aggregates, SRF) to industrial customers. Materials sold directly or through partner network for use in various industrial sectors including forest industry and energy production.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Remeo provides nationwide waste collection and transportation, material reception at its facilities, industrial-scale waste processing, and the sale of recycled raw materials to industrial buyers. The company operates 15 processing facilities and 12 collection units across Finland, producing secondary raw materials such as recycled plastics, metals, fibers, wood, aggregates, and solid recovered fuel. Its services span construction, industrial, real estate, trade, healthcare, and private household customers.

Product overview

Remeo operates as a comprehensive waste management and circular economy services company offering a unified platform of interconnected services. The core portfolio consists of four main service pillars: Waste Management (collection, transportation, and treatment), Material Reception (facility-based waste intake with weighing services), Material Processing (industrial-scale processing technology), and Recycled Raw Materials (six material product lines: Plastics, Metals, Fibers, Wood, Aggregates, and Solid Recovered Fuel). These services are supported by digital tools including customer reporting portals and the mScales mobile application for self-service weighing. Remeo serves diverse industry sectors including construction, industrial, real estate, trade and service, healthcare, and private customers, operating 15 waste processing facilities and 12 waste collection units across Finland. The company's value proposition centers on transforming waste into high-quality recycled materials for industrial use, supported by advanced processing technology including sorting robots and optical separation systems.

Differentiator

Problem solved

Functional benefit

Named customers2 records

Segments9 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• Delete Finland OyminorOthers · 23 June 2022Delete Finland Oy divested its subsidiary Delete Ympäristöpalvelut Oy, a recycling services provider, to Remeo Holding II Oy for approximately EUR 36.3 million. The transaction signifies Delete's strategic focus shift from recycling to long-term development of cleaning services.
• Intrum OyminorOthersBilling partner handling payment term extensions. Customers can contact Intrum Oy customer service for payment term extensions at [email protected] or +358 9 2291 1790.
• JatkeminorStrategic or Co-development PartnerPartnership for waste management services. Jatke achieved a recycling rate increase of over 40 percentage points through collaboration with Remeo.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Renewi: UK/BeNeLux-listed waste-to-materials company operating collection, sorting, and recycling facilities — comparable business model with commercial & industrial focus and recovered materials sales, though focused on different geographies.
• PreZero: Schwarz Group's environmental services arm operating collection, sorting, and recycling of recyclables across Europe — a growing pan-European peer competing for industrial recycling volumes and recycled raw materials buyers.
• Clean Harbors: North American leader in hazardous waste management, treatment, and recycling — relevant analog for Remeo's hazardous waste service line and industrial material recovery, though operating in different geographies.
• SUEZ Recycling and Recovery: Global environmental services group and Remeo's former owner (2016 divestiture); operates waste collection, recycling, and recovered materials businesses across Europe with much broader geographic and service scope.
• Veolia Environnement: Global environmental services incumbent offering waste management, recycling, and recovered materials across Europe — competes broadly with Remeo in industrial and municipal waste streams and in the recycled commodity market.
• Fortum Waste Solutions: Finnish energy group's hazardous and industrial waste business operating recycling, treatment, and material recovery — overlaps with Remeo's industrial and hazardous waste service lines within Finland.

Direct peers

• Stena Recycling: Swedish-headquartered recycling company with significant operations in Finland, providing collection, processing, and sale of recycled raw materials to industrial customers — directly comparable to Remeo's integrated recycling model and geographic overlap in Finland.
• Kuusakoski: Finnish recycling specialist focused on metals, electronics, and industrial by-products recovery — directly comparable in the Finnish recycled raw materials market, particularly in metals and e-waste streams.
• Lassila & Tikanoja: Finnish environmental services and waste management company offering waste collection, recycling, and circular-economy services to industrial, municipal, and property customers — directly overlapping with Remeo's core market and customer base in Finland.

Regional players

• Biffa: UK waste management and recycling company with collection, MRF operations, and recycled materials sales — comparable business model and customer mix, though focused on the UK rather than the Nordics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RemeoOy
• LinkedInlinkedin.com/company/remeo-oy?originalSubdomain=fi
• Instagraminstagram.com/remeo_group_oy
• Xx.com/Remeo_Oy

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Remeo