About AQ Group
AQ Group is a company based in Vasteras (Sweden) founded in 1994.. The company has 131 employees as of July 31, 2024. AQ Group has completed 4 acquisitions, including AQ Magnetica, B3CG Interconnect and Trafotek. AQ Group offers products and services including Electric Cabinets, Wiring Systems, Injection Molding, and Sheet Metal Processing. AQ Group operates in a competitive market with competitors including Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others.
- Headquarter Vasteras, Sweden
- Employees 131 as on 31 Jul, 2024
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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Social
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- Legal Name Aq Mechanical & Electrical Manufacturing India Private Limited
- Date of Incorporation 06 May, 2011
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$775.16 M (USD)-4.62as on Dec 31, 2024
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Net Profit
$60.29 M (USD)5.22as on Dec 31, 2024
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EBITDA
$102.45 M (USD)5.12as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
131
as on Jul 31, 2024
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Investments & Acquisitions
AQ Magnetica
& 3 more
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Products & Services of AQ Group
AQ Group offers a comprehensive portfolio of products and services, including Electric Cabinets, Wiring Systems, Injection Molding, and Sheet Metal Processing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems for electrical enclosures and industrial components
Production of wiring and assembly for industrial applications
Manufacturing services for molded components and systems
Processing of sheet metal for industrial products
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Funding Insights of AQ Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by AQ Group
AQ Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AQ Magnetica, B3CG Interconnect and Trafotek. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Custom fans, blowers, electrical transformers, and related products are manufactured.
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2004 | ||||
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Custom electronic design and manufacturing services are provided.
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1996 | ||||
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Electrical connectors and cable assemblies are designed and manufactured.
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AQ Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aq Group Comparisons
Competitors of AQ Group
AQ Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Energy management and automation solutions are provided globally.
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| domain | founded_year | HQ Location |
Diversified electronics and automation equipment are manufactured and supplied.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
Industrial automation and information systems are provided to global industries.
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| domain | founded_year | HQ Location |
Automation and engineering services are provided for multiple industries.
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| domain | founded_year | HQ Location |
Manufacturer of Industrial and Consumer Electric Equipment
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aq Group
Frequently Asked Questions about AQ Group
When was AQ Group founded?
AQ Group was founded in 1994.
Where is AQ Group located?
AQ Group is headquartered in Vasteras, Sweden. It is registered at Vasteras, Vastmanland, Sweden.
Who is the current CEO of AQ Group?
Claes Mellgren is the current CEO of AQ Group.
How many employees does AQ Group have?
As of Jul 31, 2024, the latest employee count at AQ Group is 131.
What is the annual revenue of AQ Group?
Annual revenue of AQ Group is $775.16M as on Dec 31, 2024.
What does AQ Group do?
AQ Group was established in 1994 in Västerås, Sweden, where manufacturing operations for industrial components and systems are based. Focus is placed on the industrial sector, with production encompassing mechanical and electrical solutions for various applications. Services include assembly and customization for clients in manufacturing and engineering fields. The company operates primarily from its Swedish headquarters, supporting regional and international projects in the sector.
Who are the top competitors of AQ Group?
AQ Group's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
What products or services does AQ Group offer?
AQ Group offers Electric Cabinets, Wiring Systems, Injection Molding, and Sheet Metal Processing.
How many acquisitions has AQ Group made?
AQ Group has made 4 acquisitions, including AQ Magnetica, B3CG Interconnect, and Trafotek.