Mentha Impact has entered into a partnership with Thermatras, a company specializing in measuring, producing, and installing thermal insulation in the form of sustainable insulation mattresses. The goal of this collaboration is to further leverage the existing growth potential and maximize the correlated CO2 reduction.

For over 40 years, Thermatras has been delivering a high-quality, sustainable custom product. The insulation mattress is used to reduce heat loss in technical systems and is made of fiberglass filled with insulation material. Thermatras serves the shipping, industrial, and utility sectors.

Alexander Norder, Managing Director of Thermatras: “Having Mentha Impact as a shareholder is a great opportunity for Thermatras. They are committed and bring extensive knowledge and experience in helping organizations maximize their potential. I am confident that together we can realize Thermatras’ ambitious growth plans.”

Edo Pfennings, partner at Mentha Impact: “We are very excited about this partnership. Thermatras is an excellent company operating in a clearly growing market where growth goes hand in hand with further CO2 reduction by reducing heat loss. The management team, together with us, has great ambitions to fully capitalize on the opportunities available and maximize impact as a result.”

Thermatras is the first investment of the Mentha Impact Fund.