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
Checking hop cones at UF/IFAS MREC
Fruits
October 14, 2017
USDA Seeks Applications for Next Round of Specialty Crop Research Grants
SCRI grants to total $48 million for 2018 fiscal year. Read More
Grapes
October 13, 2017
Fairgrounds Host California Fire Evacuees
Gallo will contribute $1 million to fire recovery effort and will match employee donations two-for-one. Read More
Grapes
October 10, 2017
Wildfires Hit California Wine Country
California Gov. Jerry Brown declares state of emergency for northern counties impacted by flames. Read More
A water-logged citrus grove in Southwest Florida following Irma
Citrus
October 10, 2017
Impressions from Irma Indelible on the Florida Farmscape [Slideshow]
Striking images from the field reveal not only the storm’s destructive nature, but also paths to recovery and reconstruction. Read More
Citrus
October 9, 2017
(We Won’t Back Down … ) Stand Your Ground for Agriculture
You don’t have to be a super hero, rock star, or award-winning scientist to aid farming. You can help by supporting professionalism in fields. Read More
Apples & Pears
October 9, 2017
How to Transition to Multileader Production
Use this guide to help you determine whether multileader production is a good fit for your farm. Read More
Grapes
October 7, 2017
Tips for Effective Vine Mealybug Management in Grapes
Scouting, trapping, and mating disruption can help prevent populations of this pest increasing in your vineyard. Read More
Apples & Pears
October 6, 2017
What You Need to Know About Multileader Systems for Apple Trees
While multiple leaders shrink the tree canopy, experts warn there are places where missteps can be made. Read More
Apples & Pears
October 5, 2017
Apple Growers Moving to Multileaders
Growers shift from single leader to multiple leader systems to increase light interception and production. But this system isn’t without its risks and costs. Read More
Growers boot up drone technology on the farm
Citrus
October 5, 2017
Are You a Precision Grower?
Gathering, analysis, and application still seems to be the best basic definition of precision agriculture. Read More
Fruits
October 5, 2017
Environmental Monitoring Helps With Food Safety Modernization Act
Monitoring may be most effective way to meet the preventative controls component of the Food Safety Modernization Act. Read More
Greenhouse structures flattened by Irma at C&B Farms
Citrus
October 5, 2017
Hurricane Irma Toll on Florida Farming in the Billions
Preliminary damage estimates confirm storm’s ferocity. Read More
Citrus
October 4, 2017
Goodlatte Officially Introduces the Ag Guestworker Act
On Monday, Rep. Bob Goodlatte (R-VA) introduced his Agricultural Guestworker Act of 2017 bill, which would replace H-2A with an H-2C program. Rep. Goodlatte introduced the bill to the House Judiciary Committee, which he chairs. Read More
Apples & Pears
October 3, 2017
Mexican Fruit Grower Union Says U.S. Still Smuggling in Apples
Union seeks investigation into how 200 tons of U.S. ‘Golden Delicious’ apples were smuggled into the country. Read More
Fruits
October 3, 2017
Bill Introduced to Crack Down on Fake Organic Product Imports
Organic Farmer and Consumer Protection Act seeks stricter enforcement of imports, modernization of documentation. Read More
The Latest
Crop Protection
October 17, 2017
EPA Takes Steps to Reduce Risk of Drift-…
With reports of dicamba injuries in tomatoes, peaches, grapes, and other crops, the agency works to reduce the impact of spray drift on vulnerable crops. Read More
Fruits
October 16, 2017
New Broad-Spectrum Herbicide Released by…
Grapple herbicide works on pre- and post-emergent weeds in orchards and vineyards. Read More
Citrus
October 16, 2017
Wrath of Hurricane Irma’s Rainfall…
Report says storm dropped enough gallons of water on Florida’s St. Johns River Water Management District to swamp 6.7 million football fields. Read More
Fruits
October 14, 2017
USDA Seeks Applications for Next Round o…
SCRI grants to total $48 million for 2018 fiscal year. Read More
Citrus
October 10, 2017
Impressions from Irma Indelible on the F…
Striking images from the field reveal not only the storm’s destructive nature, but also paths to recovery and reconstruction. Read More
Citrus
October 9, 2017
(We Won’t Back Down … ) Stan…
You don’t have to be a super hero, rock star, or award-winning scientist to aid farming. You can help by supporting professionalism in fields. Read More
Citrus
October 5, 2017
Are You a Precision Grower?
Gathering, analysis, and application still seems to be the best basic definition of precision agriculture. Read More
Fruits
October 5, 2017
Environmental Monitoring Helps With Food…
Monitoring may be most effective way to meet the preventative controls component of the Food Safety Modernization Act. Read More
Citrus
October 5, 2017
Hurricane Irma Toll on Florida Farming i…
Preliminary damage estimates confirm storm’s ferocity. Read More
Citrus
October 4, 2017
Goodlatte Officially Introduces the Ag G…
On Monday, Rep. Bob Goodlatte (R-VA) introduced his Agricultural Guestworker Act of 2017 bill, which would replace H-2A with an H-2C program. Rep. Goodlatte introduced the bill to the House Judiciary Committee, which he chairs. Read More
Fruits
October 3, 2017
Bill Introduced to Crack Down on Fake Or…
Organic Farmer and Consumer Protection Act seeks stricter enforcement of imports, modernization of documentation. Read More
Citrus
October 2, 2017
$10 Million for Honeybee Health
National Honey Board, Project Apis.m investing in pollinator research. Read More
Citrus
October 2, 2017
Perseverance a Priority for Florida Farm…
Commissioner of Agriculture Adam Putnam heartened by the strides being made by growers around the state as they begin to recover from the hurricane. Read More
Citrus
October 2, 2017
$18 Million in Grants Available for Valu…
Farmers in need of planning or working capital funds to move their ideas forward encouraged to check out program. Read More
Citrus
September 27, 2017
Research on Jet Fuel Cover Crop Ready fo…
Scientists seeking to find if carinata can sustainably feed future renewable energy demands. Read More
Crop Protection
September 27, 2017
AMVAC Expands Non-Crop Business by Acqui…
Transaction to facilitate market access in the greenhouse and nursery markets. Read More
Citrus
September 27, 2017
Agriculture Offers Rare Opportunity for …
A running theme from agricultural-friendly politicians speaking at the United Fresh Produce Association's Washington Conference was the need for a bipartisan approach to agriculture and immigration. Read More
Citrus
September 27, 2017
Will H-2A Become H-2C? Find Out What the…
Rep. Bob Goodlatte (R VA) is re-introducing a bill that aims to replace H-2A. Here are some of the ways it will differ from the current program. Read More