Tomra Systems Settles Antitrust Suit With Competitors

Environmental Products Corp., a subsidiary of Envipco Holding N.V., a publicly listed company on the Brussels Euronext Exchange, and Tomra Systems ASA, a publicly listed company on the Oslo Stock Exchange and Tomra of North America, Inc. have agreed to settle their antitrust lawsuit that was filed in November 2010 in federal court in Connecticut.

Tomra of North America makes a reverse vending machine for recycling containers.

As part of the settlement, Tomra has agreed to remove or disclaim all existing exclusive vendor provisions in agreements with its retailer customers and to refrain from entering into designated exclusive agreements in the future. Envipco is satisfied with the settlement agreement and remains committed to providing superior customer service in a free and open market.

 

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