Sortera
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Sortera

https://sortera.se/
Last activity: 01.02.2024
Categories: BusinessConstructionEnergyTechEnvironmentalIndustryManufacturingMaterialsProductServiceWaste
Sortera Alloys brings state-of-the-art artificial intelligence data analytics and advanced sensors to the industrial scrap metal recycling and re-use industry. VISION Sortera's vision is to enable 100% reuse of metals recovered from end-of-life products for manufacturing of similar products. BUSINESS CASE Currently, almost 25 million tons (~50 billion lbs) of automotive shredder metal scrap is produced in US each year from end-of-life automobiles and other products, and a large fraction of this is shipped overseas to be hand sorted into aluminum, copper, brass, zinc and stainless steel, and manufactured into parts. Sortera’s highly automated sorting facilities perform highly accurate sortation of metal alloys at much lower cost making these valuable feedstocks for domestic manufacturing. SORTERA’S INNOVATIONS AND PRODUCTS OFFER COST, QUALITY AND PERFORMANCE ADVANTAGES TO DOMESTIC INDUSTRY WHILE ENSURING A SAFER & BETTER ENVIRONMENT FOR THE FUTURE. ADVANTAGES OF SORTERA TECHNOLOGY: 1. Fully automated Intelligent sorters for manufacturing lower cost, higher quality metal alloys for domestic industry 2. Decrease reliance on foreign imported metals 3. 20 times higher energy efficiency for aluminum parts manufacturing 4. Increase local manufacturing of innovative metal parts 5. Local supply chains reducing procurement time & inventory 6. Reduce green-house gas emissions 7. Reduce/eliminate need for landfills
Mentions
8
Location: Sweden, Stockholm
Employees: 51-200
Founded date: 2006

Investors 3

Mentions in press and media 8

DateTitleDescriptionSource
01.02.2024Sortera strengthens its position within water treatment thro...Sortera strengthens its position within water treatment through the acquisition of REWALBI Thu, Feb ...news.cisio...
08.06.2023Sortera strengthens its market position in the United Kingdo...Sortera strengthens its market position in the United Kingdom with the acquisition of GBN Services L...news.cisio...
01.12.2022Summa Equity is a double winner at the Real Deals ESG Awards...Summa Equity (“Summa”) won the Impact Investor award and the Deal of the Year award for Sortera. “B...summaequit...
02.06.2022Sortera acquires O’Donovan Waste Disposal Ltd in London and ...Sortera acquires O’Donovan Waste Disposal Ltd in London and strengthens its international presence T...news.cisio...
29.04.2022Summa Equity is a double winner at the Private Equity Awards...Summa Equity (“Summa”) won the award for Nordic Deal of the Year for Sortera as well as Continental ...summaequit...
02.12.2021Sortera acquires A-Återvinning i Örebro ABSortera acquires A-Återvinning i Örebro AB Thu, Dec 02, 2021 14:00 CET Sortera strengthens its prese...news.cisio...
18.04.2016Norvestor divests Sortera Skandinavien Holding ABNorvestor VI, L.P. (“Norvestor”) has signed an agreement to divest Sortera Skandinavien Holding AB (...norvestor....
16.05.2012Norwegian private equity firm Norvestor invests in SorteraNorvestor VI LP, a fund advised by Norvestor Equity AS (Norvestor), has agreed to team up with the f...norvestor....

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