TOMRA acquires 14% ownership stake in product traceability company Kezzler
TOMRA Systems ASA has acquired a 14% ownership stake in Kezzler AS, a product traceability company headquartered in Norway, for NOK 110 million. The investment is done through a combination of participation in the company’s rights issue and buying secondary shares. Following the investment, TOMRA became the largest shareholder in Kezzler AS. Kezzler AS was founded in 2003 in Norway and is a software-as-a-service (SaaS) provider that has developed a platform to enable traceability of products through their life cycles. The solution platform is scalable, flexible, and purpose-built to meet