TOMRA acquires NZ's Compac
TOMRA Sorting Solutions has acquired New Zealand company Compac Holding Ltd for NZ$70m. Compac designs, manufactures, sells and services pack house automation systems that sort fresh produce based on weight, size, shape, colour, surface blemishes and internal quality.
“With the acquisition of Compac… [TOMRA] will be the first player to present an offering to our customers for sorting fresh and processed foods with both lane and bulk sorting,” said Stefan Ranstrand, TOMRA’s president and CEO.
Established in 1984, Compac employs approximately 700 people in New Zealand, Australia, the US, China, South America, Spain and Italy, and occupies a leading position within the sorting of apples, kiwifruit, cherries, avocados and citrus.
TOMRA Sorting Solutions is a global provider of sensor-based sorting solutions used in the recycling, mining and food industries.
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