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Troax Group has agreed to acquire 100% of Vichnet, a market leader in machine guarding and wire tray solutions in China, for 350 million RMB on a cash/debt-free basis. The acquisition is expected to close by end of 2025.
“Troax Group has entered into an agreement to acquire 100% of the shares of 'Vichnet'.”news.cision.com
Summarized from public sources; check the original articles before acting on it.