TOMRA Acquires Compac Sorting Machine Manufacturer

TOMRA Systems ASA, has signed an agreement to acquire Compac Holding Ltd. Closing of the transaction is expected to take place during the first quarter of 2017, subject to approval by the New Zealand Overseas Investment Office.

“The food market is large and continuously growing with requirements around food safety and quality becoming increasingly more stringent. Food producers are also consolidating, becoming larger, more sophisticated, and more global. As a leading technology supplier into this industry, we see clear advantages in mirroring this trend. With the acquisition of Compac, we reinforce TOMRA’s leading position within the food segment and we will be the first player to present an offering to our customers for sorting fresh and processed foods with both lane and bulk sorters,” says Stefan Ranstrand, TOMRA’s President and CEO.

Compac is a New Zealand-based provider of postharvest solutions and services to the global fresh produce industry. The company designs, manufactures, sells and services packing house automation systems that sort fresh produce based on weight, size, shape, color, surface blemishes, and internal quality.

Established in 1984, today Compac employs approximately 700 people across locations in New Zealand, Australia, U.S., China, Latin America, South Africa, Spain, and Italy. Compac has a leading position within the sorting of apples, kiwifruit, cherries, avocados, and citrus. About 6,000 Compac sorting lanes have been sold worldwide in more than 40 markets.

“Market forces have driven double-digit growth at Compac over recent years, and we have rapidly become a global business from humble New Zealand roots. Joining forces with TOMRA will enable us to continue to meet the increasing demands for our products and services in a more scalable and operationally efficient manner,” says Compac CEO Mike Riley.

TOMRA Sorting Food designs and manufactures sensor-based sorting machines for the food industry. More than 5,900 systems are installed at growing, packing, and processing operations worldwide.

The company provides high-performance optical sorters, graders, peeling, and process analytics systems for nuts and seeds, dried fruits, potato products, fruits, vegetables, meat, and seafood.

“Compac serves complimentary food-sorting markets, which is a very welcome addition to the TOMRA Sorting food business,” says Executive Vice President and Head of TOMRA Sorting Volker Rehrmann. “We see our customers’ needs evolving and with our complementary solutions and an increased ability to leverage our combined food sorting technologies, we are ready to meet future customer needs.” 

“The geographical coverage of the combined companies is extensive, and customers will find a one-stop shop for sorting, peeling, and analytical solutions for a wide variety of food products. The integration of lane sorting and bulk sorting within the fresh and processed food industries is a natural development for many applications and the leadership positions of both TOMRA and Compac will now provide a unique capability in this regard,” commented Senior Vice President and Head of TOMRA Sorting Food Ashley Hunter.

Topics: , ,

Leave a Reply

Fruits Stories
hands holding a globe
Citrus
May 25, 2017
Are We Overstating the World’s Overpopulation Problem?
If growers can’t achieve a fair return on investment and stay in business, it won’t matter what the population is in 2050. We all will be trouble. Read More
Falcon-takes-flight-at-Duncan-Family-Farms
Citrus
May 24, 2017
Falcons Scare off Other Birds at Duncan Family Farms
It collaborates with a firm that uses trained falcons to intimidate and scare off nuisance birds such as the horned larks and pigeons that frequent the area. Read More
Florida Ag Hall of Famer William Cook
Citrus
May 23, 2017
Search is on For Next Crop of Florida Agriculture Hall of Famers
Nomination period now open for longtime industry honor. Read More
Apples & Pears
May 23, 2017
Grower Shares Personal Impact of Labor Shortage
USApple leader Phil Glaize of Virginia stresses need for reform with current labor regulations, programs at Congressional briefing on agriculture labor crisis. Read More
Stone Fruit
May 23, 2017
Northeast Peach Crop Rebounds
After a mild winter and relatively uneventful bloom time, the crop is setting up nicely for the region. Read More
Berries
May 23, 2017
Researchers Examining Potential for Longer Berry Season in Northeast
Team at Penn State University using low and high tunnels and plastic coverings to extend raspberry and strawberry seasons. Read More
honeybees
Citrus
May 23, 2017
Webinar Series Highlights New Research on Honeybee Health
National Pollinator Week webinar showcases research to improve honeybee colony health by 2020. Read More
Crop Protection
May 23, 2017
Valent Grants Organic Farming Scholarship to Next Generation Researcher
University of Florida Doctor of Plant Medicine student receives $1,500 toward the development of training materials. Read More
Citrus
May 20, 2017
Short on Water, Florida Growers Know How to Dig Down Deep
Through drought, smoke and brush fires, it’s plain to see you farmers have been doing your part to conserve and preserve one of our most precious resources. Read More
seattle port shipping
Citrus
May 20, 2017
USDA Creates Undersecretary for Trade
Reorganization puts trade, farm production as top priorities for the agency. Read More
Grapes
May 19, 2017
Researchers Still Have a Lot to Learn about Spotted Lanternfly
While some feeding habits have been recognized, there’s still a learning curve with this enigmatic invasive pest. Read More
Fruits
May 19, 2017
Representatives Introduce Bill to Boost Organic Farming Research
As organic production continues to grow, legislators seek to boost research funding, which has remained stagnant for many years. Read More
Citrus
May 16, 2017
EPA Seeks States’ Input On Waters of the U.S. Rule
As the agency considers scaling back the water rule, states are asked to define protected waters. Read More
Berries
May 15, 2017
Grower Comments on Pyrethroids Being Sought by EPA
Comment period on popular class of insecticides opens today. Read More
Apples & Pears
May 15, 2017
U.S. Apple Board Member Stresses Labor Reform At Senate Farm Bill Hearing
Michigan apple grower says agriculture’s future depends on Farm Bill funding. Read More
The Latest
Farm Management
May 25, 2017
Plight of Trade Policy Grounding Many U.…
Much-needed investments in labor-saving technology could be key to long-term survival. Read More
Farm Management
May 25, 2017
Florida Farm Winning Case for Medicinal …
Judge rules in favor of 3 Boys Farm in the quest to expand its crop/business portfolio. Read More
Citrus
May 25, 2017
Are We Overstating the World’s Ove…
If growers can’t achieve a fair return on investment and stay in business, it won’t matter what the population is in 2050. We all will be trouble. Read More
Citrus
May 24, 2017
Falcons Scare off Other Birds at Duncan …
It collaborates with a firm that uses trained falcons to intimidate and scare off nuisance birds such as the horned larks and pigeons that frequent the area. Read More
Citrus
May 23, 2017
Search is on For Next Crop of Florida Ag…
Nomination period now open for longtime industry honor. Read More
Citrus
May 23, 2017
Webinar Series Highlights New Research o…
National Pollinator Week webinar showcases research to improve honeybee colony health by 2020. Read More
Crop Protection
May 23, 2017
Valent Grants Organic Farming Scholarshi…
University of Florida Doctor of Plant Medicine student receives $1,500 toward the development of training materials. Read More
Citrus
May 20, 2017
Short on Water, Florida Growers Know How…
Through drought, smoke and brush fires, it’s plain to see you farmers have been doing your part to conserve and preserve one of our most precious resources. Read More
Citrus
May 20, 2017
USDA Creates Undersecretary for Trade
Reorganization puts trade, farm production as top priorities for the agency. Read More
Fruits
May 19, 2017
Representatives Introduce Bill to Boost …
As organic production continues to grow, legislators seek to boost research funding, which has remained stagnant for many years. Read More
Citrus
May 16, 2017
EPA Seeks States’ Input On Waters of the…
As the agency considers scaling back the water rule, states are asked to define protected waters. Read More
Citrus
May 15, 2017
Drought Conditions Deepen Across Central…
Water Shortage Warning Order expanded to all counties within St. Johns River Water Management District. Read More
Citrus
May 9, 2017
Barn Owls Can be an Effective Control fo…
The predators are already getting results in vineyards and orchards. Research is showing they’re just as effective in vegetable and fruit fields. Read More
Fruits
May 4, 2017
Senate Democrats Unveil New Ag Labor Pla…
Feinstein, colleagues introduce legislation to shield farmworkers from deportation. Read More
Fruits
May 2, 2017
Penn State Offers Tips To Manage Early S…
Warm weather has quickly accelerated development of insects. Read More
Crop Protection
April 30, 2017
BASF Adds Pest, Crop, Weather Modeling t…
ZedX’s agronomic models help farmers make better production decisions. Read More
Citrus
April 29, 2017
Florida Ag Commissioner Pushes for Probe…
With a focus on Mexico, letter sent by Adam Putnam to the U.S. Department of Commerce Secretary stresses need for level playing field. Read More
Crop Protection
April 29, 2017
BioSafe Systems Introduces Broad-Spectru…
Alternative to potassium bicarbonate and lime sulfur for tree and vine crops. Read More