The founders of global rubber manufacturer Baron Group looked to the Maddocks Commercial team for the sale of its rubber business to Swedish manufacturer Trelleborg Group.

A global leader in the design, manufacture and supply of medical grade silicone and rubber products, Baron Rubber has offices and manufacturing facilities in Australia and China.

Global engineering firm Trelleborg is listed on the Nasdaq Stockholm. Focusing on polymer technology, it is headquartered in Trelleborg, Sweden.

The sale of Baron Rubber’s Australian operations and its manufacturing facilities based in Shanghai and Zhejiang in China were effected by way of share sales to the Trelleborg Group.

Since completing the sale in July 2024, Trelleborg has credited the integration of Baron Group as contributing to a significant increase in its profitability for its medical solutions segment.

Commercial Partner Julian Smith led the Maddocks team advising across all aspects of the sale, with assistance from Senior Associates Stephen Dyason, Naz Reda and Jack Coventry.

Maddocks worked alongside Moore Accountants in Australia, as well as Dentons and Deloitte in China. Trelleborg’s advisors were predominantly Junhe and PwC in respect of the Chinese aspects of the acquisition.

The transaction speaks to Maddocks’ reputation as an exceptional corporate M&A offering for founder exits.