Tomra Systems ASA (GB:0KV7) has released an update.
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TOMRA Systems ASA has acquired 80% of c-trace GmbH, enhancing its digital waste management solutions and expanding its market reach. This acquisition aligns with TOMRA’s growth strategy, aiming to leverage c-trace’s strong German market presence and innovative AI-driven capabilities. The move is expected to increase TOMRA’s profitability and market impact by diversifying its revenue streams.
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