Tomra Celebrates 45 Years Following Record Revenue Year

Tomra celebrates 45 years since its founding on April 1, 1972. The company progressed from being a pioneer in automated recycling technology to a company today offering a diverse range of sensor-based solutions that are helping to lead a cross-industry revolution toward resource sustainability.

Starting in a small shed in Asker, Norway, the brothers Petter and Tore Planke created a solution to a problem: a local grocer wanted an automated machine that could quickly and easily take back used, empty bottles for recycling, and so Tomra was born. By the end of 1972, Tomra had installed 29 machines in Norway, and their successes quickly began to generate interest abroad.

Since the beginnings, Tomra has diversified its offering and expanded its reach. During the first 30 years of its history, the company focused on growing its reverse vending business in markets with deposit systems for beverage packaging. In 2000, the company began developing a more comprehensive business platform, and through a number of strategic acquisitions during the past two decades, Tomra has become a leading provider of optical sorting technology for a broad range of materials.

In 2016, Tomra noted record revenues of approximately EUR710m, with 90,000 systems installed in over 80 markets worldwide.

Tomra’s sensor-based solutions are used today in reverse vending, recycling, mining and food sorting. Stefan Ranstrand, Tomra president and CEO, said: “Our growth and longevity is due in part to the growing understanding that the world needs to utilize its natural resources in a better way to ensure sustainability. We are proud of the success our company has achieved thus far, and look forward to building on this in the years ahead as we continue to develop cutting-edge solutions for helping our customers meet their business needs and contribute to a better and more sustainable future.”