DC Advisory advises Nordian on the sale of CORROSION to Mentha Impact
Background
- Since its founding in 1993, CORROSION has successfully developed into a global leader in asset protection solutions, operating at the forefront of predictive maintenance for critical assets in the maritime and offshore wind industries
- CORROSION provides integrated systems that combine Impressed Cathodic Protection (ICCP), fouling protection technology, and real-time monitoring to extend asset lifetimes, enhance operational reliability, and reduce operating expenditures
- Since 2020, CORROSION has been backed by Nordian, a Benelux-based mid-market private equity investor. After successfully executing various strategic initiatives together with Nordian, CORROSION is now well positioned for further growth, capitalizing on the growing demand for durable asset protection solutions
- Nordian, based in the Netherlands, is a private equity firm investing in companies operating across Europe since 2014
Process
- DC Advisory acted as the exclusive financial advisor to Nordian on the sale of CORROSION to Mentha Impact
- DC Advisory ran a bespoke and competitive process, leveraging its sector expertise and senior relationships to identify and engage a competitive bidder group capable of supporting CORROSION’s organic and inorganic growth plans
- DC Advisory provided comprehensive M&A services, including overall transaction strategy and tactics, lender education, sector insights, and close support throughout the negotiations and related transaction documentation
Outcome
- Mentha Impact signed an agreement to invest in CORROSION on 19 January 2026, and will become the controlling shareholder alongside the existing management team
- The financial terms of the transaction were not disclosed
- Mentha Impact will invest through its Impact Fund, focusing on sustainable value creation and long-term growth
- With Mentha Impact, CORROSION has found a partner with a proven track record of successfully supporting companies through their next phase of growth
- This transaction highlights DC Advisory’s expertise in the maritime and offshore wind industries
“DC Advisory was a trusted partner throughout the transaction, combining strong sector expertise with a hands-on, senior-led approach. The team ran a competitive process that delivered an excellent outcome, and we are confident that Mentha Impact is the right partner to support CORROSION’s continued growth.”
“We are pleased to have advised Nordian on this transaction and to support the partnership with Mentha Impact. The process underscored CORROSION’s strong position in asset protection and predictive maintenance, and we see Mentha Impact as an excellent partner for the Company’s next phase of growth.”
- Industrials
- M&A Advisory
Disclaimer
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