Terex Materials Processing (MP) has acquired the assets of ZenRobotics Ltd., a company that designs and creates robots that pick, sort, and recycle waste material.
ZenRobotics was started in 2007 by creating a completely new market for robotic waste sorting. In 2009, the company pioneered the use of AI-based robots to the waste-sorting process. This led the team to open opportunities by introducing the first ZenRobotics Recycler in Helsinki. Since then, it has become a global operation, marketing multiple recyclers around the world including expansion into China and the US market in 2016. In 2015, ZenRobotics launched the Heavy Picker, the world’s strongest waste sorting robot for bulky construction and demolition (C&D) type waste.
ZenRobotics’ goal is to help its customers extract higher value out of waste, get more actionable data, and reach ambitious circular economy targets. Terex is already active within global waste markets through Terex Ecotec, Terex CBI, Terex Fuchs, and Terex Recycling. Zen Robotics will add to the Terex portfolio in global waste, where it will continue to be operated as a stand-alone business while also benefiting from MP’s broader market presence and from efficiencies enabled by MP’s global scale. This acquisition of a highly “green-focused” company further supports MP’s commitment to its environmental business and environment, social and governance (ESG) goals.
ZenRobotics, based in Helsinki, Finland, will retain its name and become a Terex brand, with the unit reporting to Tony Devlin, who leads the Terex MP environmental businesses.
Tony Devlin commented: “ZenRobotics is an exciting, modern company that lends itself perfectly to our pre-existing environmental expertise, and their ethos of making a circular economy more possible aligns perfectly with our goals and targets for the future of Terex MP. We’re excited to see the many ways that we can apply this technology and what potential this acquisition can bring Terex MP with the application of this technology. The journey that we’re about to begin with ZenRobotics and Terex MP is one that we look forward to starting, and we extend a warm welcome our new colleagues into the Terex MP team.”
Jarmo Ruohonen, CEO of ZenRobotics, said: “We at ZenRobotics are delighted to be welcomed into the Terex MP team and we look forward to sharing our knowledge. As a company, we have worked hard for the past 15 years creating technology that helps companies efficiently deal with different types of waste materials, helping to chase down targets that propel us towards a more circular economy. Terex MP is the perfect partner to help us achieve that, and being part of the Terex MP team will give ZenRobotics more global opportunities to grow.”