# Troax Group acquires Vichnet, Chinese machine guarding market leader

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.

- Type: Acquisition
- Announced: 2025-10-31
- Where: China
- Value: $48.0M (350.0M CNY)
- Status: announced
- Products: machine guarding solutions, wire tray solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Troax AB](https://endata.com/companies/54835.md) (acquirer)
- [Vichnet](https://endata.com/companies/88181.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/troax-group-ab/r/troax-group-acquires-vichnet---a-market-leader-in-machine-guarding-and-wire-tray-solutions-in-china,c4259645), 2025-10-31: "Troax Group has entered into an agreement to acquire 100% of the shares of 'Vichnet'."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.