Tomra Systems ASA signed an agreement to acquire 100 percent of the shares in TiTech Visionsort AS from Ferd AS.
TiTech provides technology solutions for identification and recovering of high-value material fractions, such as packaging and paper. This creates the basis for more effective recycling in non-deposit markets.
TiTech has installed more than 600 systems worldwide, and currently has activities in among other Germany, Spain, the United Kingdom, Italy, Japan and the United States.
Through the acquisition of TiTech TOMRA is expanding its recycling technology portfolio. The incorporation of TiTech into TOMRA's Recycling Solutions Division will also strengthen the Group's presence in non-deposit markets. TOMRA and TiTech will be able to offer fully complimentary recycling technology solutions comprised of TiTech's back-end sorting systems at processing facilities and TOMRA's newly developed automated recycling centers.
Latest from Recycling Today
- Charter Next Generation joins US Flexible Film Initiative
- Vecoplan to present modular solutions at IFAT 2026
- Terex Ecotec appoints Bradley Equipment as Texas distributor
- Greenwave raises revenue but loses money in Q2 2025
- Recycled steel prices hold steady
- EY says India’s need for scrap imports will continue
- Coming full circle
- Amcor, DCM introduce fertilizer packaging with 35 percent recycled content
