© AQ Group
General |
AQ completes its acquisition of TechROi Engineering
AQ Group AB has completed the transaction of acquiring TechROi Engineering and TechROi Scandinavia, which develop and construct components and systems for customers within vehicle, aerospace and gas turbine industry.
With this acquisition, AQ strengthens its competence in customer-oriented product development and prototype manufacturing. This, combined with AQ's factory network, gives the company a stronger offering to customers.
"When combining the TechROi companies with our own company AQ Engineering, we have more than 100 engineers in Sweden who work directly together with demanding industrial customers," AQ writes in a press release
The companies had a turnover of SEK 55 million (EUR 4.73 million) in 2023, an operating margin below AQ average and 38 employees. Operations are conducted in Trollhättan and Gothenburg.
