Troax
Troax Group completes the acquisition of Vichnet
Hillerstorp, January 7th, 2026, 15:00 CET
Troax Group (‘Troax’) has completed the previously announced acquisition of Vichnet, the market leader for machine guarding and wire trays in China. Vichnet will be reported into the APAC-region.
Vichnet, headquartered in Ningbo, had an annual turnover of 26 MEUR and approximately 300 employees (2024). Since its establishment 2006, Vichnet has grown profitably and offers a comprehensive range of safety solutions for the Chinese as well as export markets.
Connected to the acquisition there will be related costs of approximately 1 MEUR where the majority will be reported during the first quarter 2026.
For further information, please contact:
Martin Nyström, President & CEO, Troax Group
Tel: +46 370 828 31
martin.nystrom@troax.com
Anders Eklöf, CFO, Troax Group
Tel +46 (0)370-828 25
anders.eklof@troax.com
| Datum | 2026-01-07, kl 15:00 |
| Källa | Cision |
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