Terex MP acquires robotic recycling specialist
11 August 2022
Terex Materials Processing (MP), a leading aggregate, environmental, concrete, lifting, and handling machinery company headquartered in Northern Ireland, has acquired the assets of ZenRobotics, which designs and creates robots for waste material recycling.
Based in Finland, ZenRobotics’ robots are powered by proprietary AI (Artificial Intelligence) software and the company’s ambition is to make the circular economy a reality by turning global waste into clean raw materials.
In 2015 it launched the Heavy Picker, which has been described as the world’s strongest waste sorting robot for bulky construction and demolition waste.
The company will retain its name and become a Terex brand, with the unit reporting to Tony Devlin, who leads the Terex MP environmental businesses.
During an interview at the recent Hillhead exhibition in the United Kingdom, Terex Corporation chairman, president and CEO John Garrison said Materials Processing was “critically important” to the overall expansion programme, and the MP business unit is delighted with the acquisition.
“ZenRobotics is an exciting, modern company that lends itself perfectly to our pre-existing environmental expertise,” said Tony Devlin.
”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.”
Jarmo Ruohonen, CEO of ZenRobotics said: “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 team will give us more global opportunities to grow.”