Trelleborg Group AB (Trelleborg, Sweden) has finalized its acquisition of Baron Rubber Ltd. (Melbourne, Victoria, Australia). The company is a global leader in the manufacturing of advanced precision silicone components.
Baron Group generated sales of approximately SEK 1 billion in 2023. The company has its head office and two manufacturing facilities in Australia, as well as two additional facilities in China. The business primarily focuses on medical technology solutions and will become part of the Trelleborg Medical Solutions business area, established on April 1, 2024. Other industries served by Baron include energy, mining, defense, automotive and more.