Tomra Sorting signs deal to acquire 100 percent of Belgian company.
Tomra Systems ASA has announced that its Tomra Sorting AS subsidiary, based in Norway, has signed an agreement with the owners of the manufacturing company BEST Kwadraat N.V. (BEST), based in Leuven, Belgium, enabling Tomra Sorting AS to acquire 100 percent of the shares in BEST.
BEST provides advanced optical sorting technology for use in multiple applications. Using a wide range of self-developed technologies, the company provides its equipment through a network of more than 60 exclusive sales agents in a broad range of geographic locations.
Tomra says the proposed acquisition of BEST will strengthen the company’s market presence in the food sorting segment and, together with its existing food sorting unit, will provide an unrivalled technology base from which to grow its business further.