TOMRA, Parent of Sorting Specialist TITECH Has Acquired BEST
18 June 2012 Optical sorting specialist and parent company of TITECH, TOMRA Sorting (Oslo:TOM) has acquired fellow sorting firm, BEST. According to TOMRA, the acquisition of the Belgium based optical sorting specialist will complement TITECH's sensor based sorting platform for recycling and its ODENBERG brand for food industry. TOMRA Sorting said that it signed an agreement on May 31, 2012 with the owners of technology manufacturer BEST Kwadraat NV (BEST), located in Leuven to acquire 100% of the shares in BEST. The company added that it expected the transaction to close at the beginning of July this year. Merging platforms According to TOMRA, the acquisition of BEST represents an important step towards realising its strategy of strengthening its market position and product offering within sensor-based sorting. The company explained that BEST is a strong strategic fit and complements its existing technology portfolio through the addition of laser sorting technology whilst BEST has now access to all existing sensor technologies of TOMRA Sorting. TOMRA claimed that its customers will now benefit from a wider range of sensor technologies including laser, camera, fluo, LED, X-Ray, shortwave infrared, NIR/VIS and MIR spectroscopy. Combined, BEST and TOMRA have 30 locations on five continents. BEST also has a network of 60+ exclusive sales agents in a broad range of geographic locations. Read More Flying Beam Boost for TITECH's Sensor Based Sorting TITECH has launched the autosort 4 - a near-infrared scan system that does not to require an external light source. TITECH to Sort Waste for at Sterecycle's Autoclaving Plant TITECH has been appointed by waste management firm, Sterecycle, as its technology partner to deliver sensor-based sorting solutions at the company's plant in Rotherham, UK. TITECH Rebrands as Tomra Sorting Solutions TITECH Group has rebranded as Tomra Sorting Solutions. Free Magazine Subscription Free Email Newsletter