Accent's San Sac buys Tomra Compaction

Tomra Compaction, which operates under the Orwak brand, will be carved out of its parent Tomra Systems and merge with the San Sac group. The business will be known as Orwak following the carve-out.

The group also includes Norweigan business EnviroPac and previous acquisitions ILAB Container and Rubaek.

San Sac, EnviroPac and Orwak have combined sales of around SEK 750m.

Previous funding
Accent bought San Sac from Priveq, and EnviroPac from its founder in October 2014 through the GP's SEK 3.8bn Accent Equity fund.

EnviroPac's management and founder Rolf Harald Christensen invested in the newco alongside the GP.

Company
Operating under the Orwak brand, Tomra Compaction develops, manufactures and markets bale and briquette presses for renewable materials. The company has production in Sävsjö, Sweden, and subsidiaries in Sweden, Norway, Poland and Japan.

The company had revenues of around SEK 182m in 2012/13.

People
Carl Fürstenbach is a partner at Accent and chairman of San Sac. Fredrik Jaginder is the CEO of San Sac Group. Stefan Ek is the CEO of Orwak.

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• Topics
• Nordics
• Industrials
• Expansion
• Acquisition finance
• Sweden