- Business
- Tomra Systems ASA develops and provides sensor-based solutions for resource recovery and optimization, including reverse vending machines for beverage container collection; sorting systems for waste, metal, and ore streams; and post-harvest food grading technologies for fresh and processed products. The company operates through four segments: TOMRA Collection, TOMRA Recycling, TOMRA Food, and TOMRA Horizon, serving waste management firms, beverage producers, mining companies, and food industries with products such as automated reverse vending machines, data management systems, pick-up and processing services, sensor-based sorters, and digital waste management tools. Founded in 1972 and headquartered in Asker, Norway, Tomra maintains approximately 105,000 installations across more than 100 countries on all continents, generating 2023 revenues of about 14.8 billion NOK. Recent developments include the September 2025 agreement to acquire assets of U.S.-based C&C Consolidated Holdings (CLYNK brand) for $45 million plus up to $15 million in contingent payments to strengthen North American recycling; the October 2024 purchase of 80% of Germany's c-trace GmbH for digital waste management solutions, with an option on the remainder; full ownership acquisitions of TOMRA Recycling Technology (Xiamen) Co. Ltd. and Baltic entities; a major order for 3,000 reverse vending machines from Polish retailer Dino Polska; and restructuring in the Food segment to improve profitability.