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Tomra Systems ASA ( (GB:0KV7) ) has shared an update.
TOMRA Systems ASA has announced its acquisition of C&C Consolidated Holdings, LLC, a leading provider of ‘bag drop’ solutions for beverage container collection in the United States, operating under the CLYNK brand. This strategic acquisition is expected to strengthen TOMRA’s position in the North American market by integrating C&C’s technology with TOMRA’s existing infrastructure, creating synergies and driving growth. The acquisition, valued at 45 MUSD with potential additional earn-out payments, will be financed through debt and is anticipated to close by the third quarter of 2025.
The most recent analyst rating on (GB:0KV7) stock is a Buy with a NOK161.00 price target. To see the full list of analyst forecasts on Tomra Systems ASA stock, see the GB:0KV7 Stock Forecast page.
More about Tomra Systems ASA
TOMRA Systems ASA is a company that develops solutions for circular economies and optimal resource productivity through automated identification, collection, grading, and sorting of resources. With approximately 113,700 installations in over 100 markets worldwide, TOMRA aims to lead the resource revolution and enable a world without waste. The company is publicly listed on the Oslo Stock Exchange and had total revenues of EUR 1,348 million in 2024, employing 5,300 people globally.
YTD Price Performance: 7.82%
Average Trading Volume: 391,188
Current Market Cap: NOK46.14B
For detailed information about 0KV7 stock, go to TipRanks’ Stock Analysis page.