News & Press Releases - May 12, 2023

Axcel sells Delete Group to REMONDIS

REMONDIS acquires Delete Group, which in recent years has focused its strategy by divesting non-core assets and investing in the long-term development of its cleaning services business in Finland and Sweden.

Axcel has signed an agreement to sell Delete Group to German family-owned REMONDIS Group, which is well known for its recycling, service and water management activities.

Headquartered in Helsinki, Finland, Delete Group is a leading Nordic provider of specialised cleaning and sewer services for the industrial, real estate and public sectors. Since Axcel invested in Delete Group in 2013, the Finnish company has expanded into the Swedish market, where today it holds a strong position within cleaning services for a broad range of sectors.

“Delete Group is a leading Nordic cleaning services provider,” says Sirpa Ojala, CEO, Delete Group. “During Axcel’s ownership, the company has expanded into the Swedish market, and through the recent divestments of the group’s demolition and recycling operations we now have a clear strategic focus on the growing and resilient cleaning services market in the Nordics. I want to thank Axcel for all its support in the transformation of Delete Group. We’re excited to now start a new chapter with REMONDIS.”

Christian Schmidt-Jacobsen, Managing Partner at Axcel, comments:

“Delete Group has been under Axcel’s ownership since 2013, and in this period we’ve carried out a series of acquisitions in Finland and expanded into Sweden, mainly within the cleaning services market. Over the last few years, we’ve divested the non-strategic parts of the business to reinforce Delete Group’s clear stronghold within high-quality cleaning services in both Finland and Sweden. We’re very grateful to Sirpa Ojala and her team for their hard work and efforts to rescope the company, and we wish them all the best in their new partnership with REMONDIS.”

The transaction is expected to be completed in Q2 2023.

About Delete Group
Delete is one of the leading environmental service providers in the Nordics. The group offers business-critical services that require specialist competences and specialised equipment in industrial cleaning and sewer services. The company employs 600 professionals at 27 locations in Finland and Sweden. For more information, go to

About Axcel
Founded in 1994, Axcel is a Nordic private equity firm focusing on mid-market companies within four sectors: technology, business services & industrials, healthcare and consumer. Axcel has raised six funds with total committed capital of EUR 2.8 billion from both Nordic and international investors and is in the process of raising its seventh fund. These funds have made 68 platform investments, with well over 200 add-on investments and 48 exits. Axcel currently owns 20 companies. For more information, go to


For further information:

Christian Schmidt-Jacobsen, Managing Partner
Tel.: +45 21 78 36 97

Sirpa Ojala, CEO
Tel.: +358 40 566 3466