TOMRA Systems has entered into an agreement with San Sac Nordic AB to sell TOMRA Compaction (Orwak). The transaction comprises Orwak’s operations in Sävsjö, the sales and service network in Norway and Sweden, as well as the subsidiaries in Poland and Japan. In the other markets currently served by TOMRA (Germany, Austria, Denmark, The Netherlands and USA), TOMRA will continue as distributor for Orwak.
San Sac, recently merged with EnviroPac, is engaged in sales of equipment for differentiated collection of waste and waste handling. The three companies consequently complement each other when it comes to products, competence and geography. San Sac, EnviroPac and Orwak have combined sales of approximately SEK 750 million. The merger of San Sac and EnviroPac took place in October 2014 with the investment fund Accent Equity 2012 as the main owner. The acquisition of Orwak is the next step in San Sac’s growth strategy.
“Orwak will complement San Sac and EnviroPac with its in-house production of high-quality balers and its international sales organisation,” says Fredrik Jaginder, CEO of the San Sac Group. ”We are convinced that our combined efforts will create a very strong offering to existing and new customers.”
”We are looking forward to taking part in creating a complete group of companies within differentiated collection and sorting of waste,” says Stefan Ek, CEO of Orwak. ”We have always considered San Sac and EnviroPac to be very competent colleagues within their respective niches. Together we will create an even stronger offering to both our customers and staff.”
“We are very pleased to find a professional and industrial owner for Orwak,” says Håkon Volldal, Head of TOMRA Collection Solutions. “The synergies between the companies are significant and we are confident that Orwak will play an important part in the newly established powerhouse of innovative waste handling solutions.”
San Sac develops and markets waste collection systems with ease-of-use for the public as well as ergonomically sound for the staff that collects and transports the waste. The company is active in Sweden and Denmark.
EnviroPac is one of Norway’s leading suppliers of machines and equipment for differentiated collection, compression and reduction of volumes of waste.
Orwak develops, manufactures and markets a wide product range of balers and briquette presses for renewable material. The company has production in Sävsjö, Sweden and subsidiaries/sales companies in Sweden, Norway, Poland and Japan. In addition, sales go through distributors in some 40 countries in Europe, North America, Asia and Australia.
For further information, please contact:
Håkon Volldal, TOMRA EVP and Head of business area Collection Solutions +47 977 19 973
Fredrik Nordh, TOMRA SVP and Head of Nordic Collection Solutions +46 70 625 80 46
Espen Gundersen, TOMRA Deputy CEO and CFO + 47 97 68 73 01
Stefan Ek, CEO Orwak +46 70 222 09 04