Tomra Systems ASA Acquires Orwak Group AB

Reverse vending manufacturers secures shares in baling operation.

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March 4, 2005
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Reverse vending machine manufacturer Tomra Systems ASA has acquired all the shares in Orwak Group AB, a baling equipment manufacturer headquartered in Savsjo, Sweden.

 

Tomra, headquartered in Asker, Norway, has installed more than 50,000 reverse vending machines in 40 countries on four continents.

 

Orwak is the second in a number of recent acquisitions by Tomra. In June, Tomra acquired TiTech Visionsort AS, which is deals in sorting technology, primarily in the packaging sector.