Acquires globally leading company in liquid silicone rubber
Trelleborg Group is strengthening its position in healthcare & medical by taking yet another major step forward. Trelleborg has, through its business area Trelleborg Sealing Solutions signed an agreement to acquire Baron Group, a prominent Australian-Chinese company in the manufacturing of advanced precision silicone components. This acquisition strengthens Trelleborg’s application expertise, manufacturing capacity and positions the Group as a global partner for medical technology products, in areas such as sleep apnea, respiratory care and chronic obstructive pulmonary disease (COPD).
Baron Group generated sales of approximately SEK 1,000 M in 2023 with a margin well in line with that of the Trelleborg Sealing Solutions business area. The privately held company has its head office and two manufacturing…