TOMRA takes majority stake in C-TRACE

In October 2024, TOMRA acquired an 80% stake in c-trace from its founders and historical shareholders. The remaining 20% is retained by the founders, with TOMRA holding an option to acquire this residual stake after a two-year period. The financial terms of the transaction were not disclosed. Beyond the equity investment, the deal reflects TOMRA's strategic intention to expand its scope beyond its traditional automated collection and material sorting activities. The group aims to strengthen its exposure to digital solutions applied to waste management and accelerate its external growth strategy in complementary segments. In this context, c-trace brings software, operational tracking tools, and data analytics capabilities that enable TOMRA to extend its offerings across the entire recycling value chain, from waste collection to material processing. The acquisition also allows the group to establish a stronger presence in a market driven by the digital transformation of environmental services and increasingly stringent waste management regulations. By combining c-trace's technologies with its global network and international customer base, TOMRA plans to accelerate innovation, develop new high-value services, and support the geographic expansion of the acquired company. For c-trace, the partnership provides access to TOMRA's global commercial footprint and technological and industrial resources, creating the conditions for a faster internationalization of its solutions.