AQ Group AB

AQ Group AB is a Sweden-based global manufacturer of components and systems for industrial customers with high demands on quality and efficiency. Founded in 1994 as Aros Quality Group through the merger of Aros Kvalitetsplast AB, the transformer division of ABB Industrial Systems, and the accessories section of ABB Relays, the company has achieved steady growth via strategic acquisitions across Europe, Asia, North America, and beyond. Organized into two main segments—System (encompassing Electric Cabinets and System Products) and Component (including Injection Molding, Inductive Components, Wiring Systems, and Sheet Metal Processing)—AQ Group AB delivers cost-effective, specialized solutions leveraging its consolidated expertise and worldwide presence. With approximately 8,000 employees, 87% in growth countries outside Sweden, and annual net sales around SEK 9 billion, it serves diverse sectors like electronics, power magnetics, and mechanical engineering. Listed on Nasdaq Stockholm since 2017, AQ Group AB continues to expand through recent acquisitions, solidifying its role in the electrical components and equipment market.