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
Location: Sweden, Stockholm
Employees: 51-200
Founded date: 2006
Investors 3
Mentions in press and media 8
Date | Title | Description | Source |
01.02.2024 | Sortera strengthens its position within water treatment thro... | Sortera strengthens its position within water treatment through the acquisition of REWALBI Thu, Feb ... | news.cisio... |
08.06.2023 | Sortera 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... |
01.12.2022 | Summa 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... |
02.06.2022 | Sortera 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... |
29.04.2022 | Summa 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... |
02.12.2021 | Sortera acquires A-Återvinning i Örebro AB | Sortera acquires A-Återvinning i Örebro AB Thu, Dec 02, 2021 14:00 CET Sortera strengthens its prese... | news.cisio... |
18.04.2016 | Norvestor divests Sortera Skandinavien Holding AB | Norvestor VI, L.P. (“Norvestor”) has signed an agreement to divest Sortera Skandinavien Holding AB (... | norvestor.... |
16.05.2012 | Norwegian private equity firm Norvestor invests in Sortera | Norvestor VI LP, a fund advised by Norvestor Equity AS (Norvestor), has agreed to team up with the f... | norvestor.... |