September 2025
Clynk
Canaccord Genuity Acts as Exclusive Financial Advisor to C&C Consolidated Holdings, LLC (d.b.a “Clynk”) on its Strategic Acquisition by TOMRA Systems ASA
Canaccord Genuity is pleased to announce that it has advised C&C Consolidated Holdings (d.b.a “Clynk”), a leading provider of bottle collection and processing solutions, on its acquisition by TOMRA (OSL: TOM), a global provider of circular economy and resource productivity solutions. The transaction was previously announced on September 22, 2025, subsequently closing on September 30, 2025.
Founded in 2006 and headquartered in Portland, Maine, Clynk operates a software-driven recycling platform that enables seamless container collections primarily at retail stores throughout the Northeast. With its proprietary “bag drop” technology, customers can leave bags of unsorted containers at Clynk’s sustainability stations. Bags are then transported to recovery facilities for counting and validation, and deposit refunds are issued directly to customers through a convenient digital wallet.
TOMRA, a global leader in redemption and recycling technology, develops solutions that enable circular economies and optimal resource productivity through automated identification, collection, grading, and sortation. With the acquisition of Clynk, TOMRA strengthens its position in the North American market and enhances its ability to provide innovative and convenient recycling solutions to consumers.