The announcement of TOMRA as a new strategic shareholder strengthens Kezzler’s position as a leading provider of product traceability and connected products offerings to enterprises globally.
Tomra taking a 14% ownership stake in Kezzler demonstrates the importance of product digitization and traceability to its strategic continued investment in new technology as enablers of circular business models.
The Tomra share acquisition includes a purchase of Watrium’s shares, who exits the investment in full. Existing major shareholders, DNV, the global assurance and risk management giant, and Investinor, the Norwegian government fund, also participated in the primary share issue.
Watrium’s first investment in Kezzler took place in 2017. With the strong support from investors like Tomra, Investinor, DNV and Vestland Invest, Watrium is looking forward to a continued positive development of Kezzler.