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AQ Group AB ( (SE:AQ) ) has provided an announcement.
AQ Group AB, a Swedish-based global manufacturer of industrial components and systems, continues to build its presence in key manufacturing markets through a network of specialized operating companies. The group, listed on Nasdaq Stockholm, serves demanding customers worldwide and has steadily expanded its footprint while maintaining a long track record of consistent profitability.
AQ Group has acquired 100% of UK-based Time 24 Holdings Ltd., a producer of electrical cabinets and wiring systems for demanding industrial customers, in a deal structured around a nominal cash consideration and the assumption of approximately GBP 4 million in net debt. The acquisition, which will see Time 24 integrated into AQ’s Electrical Cabinets business area, is aimed at broadening AQ’s offering, expanding its customer base in high-growth markets, and leveraging its manufacturing network to improve Time 24’s growth prospects and competitiveness.
More about AQ Group AB
AQ Group AB is a global manufacturer of components and systems for demanding industrial customers, listed on Nasdaq Stockholm’s main market. Headquartered in Västerås, Sweden, the group operates through specialized subsidiaries to deliver cost-effective, customer-tailored solutions and employs around 8,000 people across Europe, Asia, and the Americas. AQ reported net sales of SEK 9 billion in 2025 and has maintained profitability every quarter since its founding in 1994.
YTD Price Performance: 15.16%
Average Trading Volume: 132,268
Technical Sentiment Signal: Buy
Current Market Cap: SEK20.66B
Find detailed analytics on AQ stock on TipRanks’ Stock Analysis page.