Troax Group has announced its acquisition of 100% of Vichnet, a leading Chinese provider of machine guarding and wire tray solutions, aiming to strengthen its market position in Asia.

About Troax Group

Troax Group is a leading global supplier specializing in indoor perimeter protection solutions for manufacturing and warehousing sectors. The company is committed to developing high-quality and innovative safety solutions designed to safeguard people, assets, and processes. With a robust sales force and an efficient supply chain, Troax operates in 42 countries and employs approximately 1,200 people. Their headquarters are located in Hillerstorp, Sweden, and they recorded sales of 279 million EUR in 2024.

About Vichnet

Vichnet, headquartered in Ningbo, China, is the market leader in the region for machine guarding and wire tray solutions. Established in 2006, the company has grown profitably, achieving an annual turnover of 26 million EUR and employing around 300 people as of 2024. Vichnet provides a wide array of safety solutions not only to the Chinese market but also for export. The company’s dedication to innovation, quality, and reliability has earned it a reputation as a trusted partner across various industries.

Vichnet’s leadership position in China for machine guarding, along with its strong standing in wire tray solutions, sets the stage for Troax Group's expansion into the APAC region and beyond. This acquisition