CORROSION, a leader in eco-friendly maritime protection, has been sold by Nordian to Mentha Impact to enhance growth and innovation in sustainable technologies.

Information on the Target

CORROSION is a pioneering company specializing in the protection of ships and offshore wind farms against corrosion and marine biofouling. As a global leader, CORROSION employs the environmentally-friendly anti-corrosion system ICCP, specifically designed for offshore foundations of wind turbines. The company's innovative approach positions it as a key player in the maritime and renewable energy sectors.

Since its investment in 2020, Nordian has collaborated closely with CORROSION's management to foster sustainable growth by developing and introducing innovative products aimed at preventing corrosion and marine growth. This partnership has enabled CORROSION to evolve from a traditional manufacturing and assembly firm into a reliable, data-driven partner that protects customer assets throughout their entire lifecycle. As a result, the company has witnessed significant revenue growth and improved profitability over the past five years, setting a solid foundation for future expansion.

Industry Overview in the Target’s Specific Country

The maritime and renewable energy sectors in the Netherlands have witnessed substantial growth due to increasing global demand for sustainable solutions and the transition towards clean energy. The Dutch government has implemented various initiativ