1980s–2000s
TOMRA was listed in Oslo Børs on 18 January 1985[8] and tried to secure a position in the American market to no avail.[7] It then entered the market in 1990s. By 1999, sales in the US accounted for more than half of total revenues. In 2006, TOMRA delivered more than 8000 new reverse vending systems to Germany.[7]
TOMRA's sensor-based sorting technology business was first established in 2004 with the acquisition of TiTech Visionsort AS, a provider of optical recognition and sorting technology[9] (which was renamed to Tomra Sorting Solutions in 2012[10]), from Ferd AS for 219 million NOK.[11]
With the acquisition of Orwak in 2005, TOMRA added compaction and baling products.[12][13] In December 2014, TOMRA sold the Orwak operations in Norway, Sweden, Poland and Japan under the name TOMRA Compaction to San Sac Nordic AB of Sweden.[14]
On 31 August 2005, TOMRA Latasa Reciclagem S.A., offering aluminium can collection and recycling assets services in Brazil, Chile, and Argentina, was acquired by Aleris International, Inc.[15]
On 1 July 2006, TOMRA's subsidiary Titech Visionsort AS acquired Germany-based CommoDaS GmbH, a provider of recognition and sorting technology for metals, plastics, glass, minerals and gems, for approximately 100 million NOK.[16]
On 1 July 2008 TOMRA announced it bought Australian peer Ultrasort Group, a provider of advanced recognition and sorting technology to the mining industry, for 160 million NOK ($31.48 million).[17]
2010–2019
Via several acquisitions, TOMRA had secured 75% global market share in RVMs, 60% in material recovery and 40–65% in sorting.[5]
On 12 December 2010, TOMRA's subsidiary TiTech acquired Dublin-based food technology company Odenberg, a designer of equipment used for producing 65 per cent of all French fries worldwide, for up to €57.5 million from ACT Venture Capital in Dublin and members of the Van den Bergh family in Belgium;[18] Odenberg's chilling/freezing unit was later considered a non-core business and sold in 2013 to a newly formed company, Power Food Technology Ltd., of Ireland.[19]
On 31 December 2011, TOMRA sold the assets of Tomra Pacific, Inc., a recycler of used beverage containers in California, to rePlanet, LLC for approximately $25 million.[20]
In June 2012, TOMRA purchased Belgium-based food sorting specialist Best Kwadraat for €138 million.[21]
