Tomra is a technology-led company that provides sensor-based solutions for optimal resource productivity, with a product portfolio including reverse vending machines, sorting and grading machines, peeling equipment, packing and filling equipment, and waste analyzer. In the reverse vending machine market, Tomra maintains a dominant global position with limited direct competition due to high barriers to entry and extensive patent protection.
Cyborg Score Rationale
Via several acquisitions, TOMRA had secured 75% global market share in RVMs, 60% in material recovery and 40–65% in sorting. The company demonstrates strong innovation capabilities and has expanded into circular economy solutions, though exposure to commodity recycling markets introduces cyclical risk.
Top Insights
TOMRA's expertise in sustainability and the circular economy has seen the establishment of its new ventures outside of its core businesses, including TOMRA Feedstock, TOMRA Reuse and TOMRA Textiles.
TOMRA has acquired 80% of the shares in c-trace GmbH, a German leader in digital waste management solutions, allowing TOMRA to broaden their offering in the waste management and recycling space and adding new digitalization capabilities across the recycling value chain.
TOMRA Systems has 5,300 total employees.
TOMRA was named Norway's Most Innovative Business 2022-23, marking its third recognition in the awards.