The equipment company BEST Sorting, based in Belgium, has announced that it has acquired 100 percent of the shares in BESTTORATEC, a joint venture established in 2009 between its BEST NV division and Toratec Recycling Solutions, based in Spain.
BEST now fully owns the business unit, which specializes in sorting equipment for the recycling industry.
According to a release, the acquisition of BESTTORATEC represents a step towards realizing BEST’s strategy of strengthening its market position and product offering within the recycling industry.
The newly acquired company offers a range of sorting technologies based on induction sensors, optical solutions and x-ray sensors. In announcing the deal, BEST says that its equipment can sort a wide range of products, from stainless steel, aluminum, ferrous metal, non-ferrous metal, wires, compost, plastic, glass, minerals and wood.