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Tomra Systems

Companies/Norway  •  Curated by Admin Timeline.sg

Tomra Systems ASA is a Norwegian multinational corporation that develops reverse vending machines for recycling containers. Founded in 1972 by Tore and Petter Planke, it has grown through international expansion and acquisitions to become a global leader in resource recovery and sorting technologies.

Chronological Storyline (43 Milestones)

1972 CE

First reverse vending machine prototype

The first prototype of a reverse vending machine is developed, capable of scanning and processing empty beverage containers. #innovation #recycling

1972 CE

Founding of Tomra Systems

Brothers Tore and Petter Planke establish Tomra Systems in Asker, Norway, focusing on automated recycling technologies. #corporatehistory #recycling

1974 CE

First commercial installation

Tomra installs its first commercial reverse vending machine at a grocery store in Norway. #milestone #recycling

1975 CE

Expansion into Sweden

Tomra enters the Swedish market, its first international expansion. #expansion #recycling

1976 CE

First patent for reverse vending technology

Tomra files its first patent for reverse vending machine technology, protecting its innovations. #intellectualproperty #recycling

1978 CE

Launch of the T-2000 model

Tomra introduces the T-2000 reverse vending machine, featuring improved scanning and processing capabilities. #technology #recycling

1980 CE

Expansion into Germany

Tomra enters the German market, one of the largest recycling markets in Europe. #expansion #recycling

1983 CE

Expansion into the United Kingdom

Tomra establishes operations in the United Kingdom, expanding its European presence. #expansion #recycling

1985 CE

Entry into the United States market

Tomra establishes operations in the United States, its first major market outside Europe. #global #recycling

1989 CE

Entry into the Australian market

Tomra enters Australia, tapping into the growing container deposit scheme market. #expansion #recycling

1991 CE

Tore Planke steps down as CEO

Co-founder Tore Planke leaves the CEO role; brother Petter Planke assumes leadership of the company. #leadership #corporate

1993 CE

Acquisition of Recykla AB

Tomra acquires Swedish recycling company Recykla AB, strengthening its position in Scandinavia. #acquisition #recycling

1994 CE

Introduction of T-1000 model

Tomra launches the T-1000, a compact reverse vending machine for small retail locations. #technology #recycling

1996 CE

IPO on Oslo Stock Exchange

Tomra Systems lists on the Oslo Bors through an initial public offering, raising capital for growth. #ipo #finance

1999 CE

Acquisition of EnviPco

Tomra acquires Environmental Products Corporation (EnviPco) in the US, expanding its market share in North America. #acquisition #recycling

2000 CE

Revenue exceeds NOK 1 billion

Tomra reports annual revenue surpassing NOK 1 billion for the first time, driven by global demand. #financial #growth

2001 CE

Acquisition of German competitor

Tomra acquires a key competitor in Germany, consolidating its market leadership in Europe. #acquisition #recycling

2002 CE

Joint venture with RVM Systems in Canada

Tomra forms a joint venture with RVM Systems to expand into the Canadian market. #partnership #recycling

2004 CE

Formation of Tomra Sorting Solutions

Tomra acquires Titech and other sorting technology companies to create Tomra Sorting Solutions, a new division for optical sorting. #acquisition #sorting

2005 CE

Launch of T-4000 with RFID technology

Tomra introduces the T-4000, the first reverse vending machine to incorporate RFID tag reading for deposit systems. #innovation #recycling

2006 CE

Launch of in-house deposit system in Norway

Tomra partners with Norwegian authorities to deploy its own container deposit return system across the country. #partnership #recycling

2007 CE

Acquisition of MSS (Magnetic Separation Systems)

Tomra acquires MSS, a provider of optical sorting equipment for the recycling industry. #acquisition #recycling

2008 CE

Introduction of Reverse Vending 2.0

Tomra launches new software and connectivity features for remote monitoring and data analytics of machines. #technology #recycling

2009 CE

Global partnership with The Coca-Cola Company

Tomra enters a strategic partnership with Coca-Cola to deploy reverse vending machines for deposit systems worldwide. #partnership #recycling

2010 CE

Acquisition of Titech AS

Tomra acquires Titech, a Norwegian company specializing in optical sorting technology for the recycling industry. #acquisition #sorting

2011 CE

Petter Planke retires; Sten Olof Simonsson becomes CEO

Co-founder Petter Planke steps down as CEO, succeeded by Sten Olof Simonsson. #leadership #corporate

2012 CE

40th anniversary celebration

Tomra marks 40 years of operation with over 60,000 machines installed in more than 40 countries. #anniversary #recycling

2012 CE

Introduction of cloud-based monitoring platform

Tomra launches a cloud-based platform for real-time monitoring and management of reverse vending machines. #technology #recycling

2013 CE

Acquisition of Binder+Co

Tomra acquires Austrian sorting technology company Binder+Co, expanding its portfolio in mineral and metal recycling. #acquisition #recycling

2014 CE

Launch of T-5000 series

Tomra introduces the T-5000, capable of identifying multiple material types using hyperspectral imaging technology. #innovation #recycling

2015 CE

Acquisition of Olyns Inc.

Tomra acquires Olyns, a US-based smart recycling technology company with cloud-based reverse vending solutions. #acquisition #technology

2016 CE

Revenue exceeds NOK 5 billion

Tomra reports annual revenue surpassing NOK 5 billion, driven by strong growth in sorting solutions. #financial #growth

2016 CE

Stefan Ranstrand appointed CEO

Sten Olof Simonsson steps down; Stefan Ranstrand takes over as CEO of Tomra Systems. #leadership #corporate

2017 CE

Acquisition of Polimak Equipamentos

Tomra acquires Brazilian recycling equipment maker Polimak to expand into Latin America. #acquisition #recycling

2018 CE

Deposit Return System launch in Australia

Tomra partners with the New South Wales government to implement a container deposit scheme. #expansion #recycling

2019 CE

Partnership with PepsiCo for deposit systems

Tomra partners with PepsiCo to deploy reverse vending machines in multiple markets. #partnership #recycling

2019 CE

Acquisition of Comply Ltd.

Tomra acquires Comply, a UK-based provider of recycling compliance software. #acquisition #software

2020 CE

Strong growth during COVID-19 pandemic

Tomra reports increased revenue as recycling rates rise during the pandemic, with focus on sustainability. #financial #recycling

2021 CE

Acquisition of Digital Payment Group (DPG)

Tomra acquires DPG to integrate digital payment solutions into its reverse vending machines. #acquisition #technology

2022 CE

50th anniversary celebration

Tomra marks 50 years of innovation, aiming to install 100,000 machines globally by 2025. #anniversary #recycling

2022 CE

Launch of T-6000 series

Tomra introduces the T-6000, featuring AI-based material recognition and faster processing. #innovation #recycling

2023 CE

New near-infrared (NIR) sorting technology for plastics

Tomra launches advanced NIR sorting to improve plastic recycling rates. #technology #recycling

2024 CE

Expansion into Asian markets

Tomra signs partnerships in Japan and South Korea for container deposit schemes. #expansion #global