Terex MP acquire ZenRobotics
Company strengthens commitment to circular economy with acquisition of robotic waste-recycling specialist
TEREX Materials Processing (MP) have acquired the assets of ZenRobotics, leading manufacturers and suppliers of smart robotic technologies for waste material recycling. The company, 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.
‘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,’ said Mr Devlin. ‘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.’
Established in 2007, ZenRobotics pioneered the use of AI (artificial intelligence) technology-driven robots in 2009, with the aim of making the circular economy a reality by turning global waste into clean raw materials.
In 2015, ZenRobotics launched the Heavy Picker which has been described as the strongest waste sorting robot in the market for bulky construction and demolition (C&D) waste. In recent years the company has become a global business, supplying to multiple recyclers around the world, including major expansion into China and the US market.
Jarmo Ruohonen, chief executive officer of ZenRobotics, commented: ‘We 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.’
