XSTO
AQ
Market cap2.18bUSD
, Last price
SEK
Name
AQ Group AB
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Profile
AQ Group AB (publ) is a Swedish enterprise specializing in the manufacturing and distribution of industrial components and systems. The company serves a diverse client base across Sweden, other European nations, and globally. Its operations are structured into two main divisions: Component and System. Among its extensive product portfolio, AQ Group supplies electrical cabinets for sectors such as food processing, automatic teller machines, and provides control and power equipment for ship cranes, automated port cargo handling, and motor and generator control systems. The company also produces wiring harness systems and electromechanical modules, catering to the automotive, commercial vehicle, railway, and general engineering industries. Furthermore, it delivers thermoplastic components for the automotive, medical, and engineering sectors. AQ Group offers comprehensive contract manufacturing services for sheet metal components and assemblies, supporting industries including commercial vehicles, automotive, energy, railway, material handling, food and pharmaceuticals, telecom, and electromechanical applications. Its specialized offerings also include transformers and inductors, vital for applications like motor drives, high-speed trains, solar and wind energy systems, marine and offshore environments, relay protection, military hardware, aerospace, and process automation equipment. Under its System division, AQ Group provides a range of automated machinery and equipment, such as parking and travel ticket machines, ATMs, packaging equipment, printers, and passport automation solutions. It additionally develops integrated system solutions specifically for the automotive industry and offers mechanical engineering expertise in both sheet metal and plastic design. Founded in 1986, the company maintains its corporate headquarters in Västerås, Sweden.
Related entities
Subsidiaries (3)
AQ Components Suzhou Co., Ltd
AQ Magnetronics s.r.o.
AQ MECHANICAL & ELECTRICAL MANUFACTURING INDIA PRIVATE LIMITED
Key people
Claes Mellgren
Chairman of the Board · since 2024
Christina Hegg
Chief Financial Officer · since 2020
Chief Executive Officer, Investor Relations · since 2023
Paulina Duszel
Marketing and Sales Manager · since 2019
Jenny Eivhammar
Human Resource Manager · since 2020
Niklas Ericsson
Business Area Manager - Inductive Components · since 2019
Lars Gaefvert
Business Area Manager - Sheet Metal Processing, Business Area Manager - Injection Molding and Precision Stamping · since 2024
Erik Mattsson
Purchasing Manager and M&A · since 2020
Emil Nikolov
Business Area Manager - Electric Cabinets and Business Area Manager - System products · since 2022
Nerijus Olsauskas
Business Area Manager - Wiring Systems · since 2019
Fredrik Spaennare
IT Manager · since 2022
Per Olof Andersson
Director · since 2018
Independent Director · since 2025
Independent Director · since 1998
Independent Director · since 2014
Lars Wrebo
Independent Director · since 2017
Headquarters & legal address
Regattagatan 29
VÄSTERÅS, U 723 48
SE
VÄSTERÅS, U 723 48
SE
Valuation
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