AQ Elteknik AB acquires Anton Johanssons Rostfria Verkstads AB

AQ Elteknik AB has on June 30, 2015, signed an agreement with Mats Flood Produktion AB to buy 100 % of the shares of Anton Johanssons Rostfria Verkstads AB. The purchase price is SEK 5.8 million and the transaction will be made as a cash transaction.

The takeover will take place on July 1, 2015.

Anton Johanssons Rostfria Verkstads AB manufactures components in stainless steel to customers with special and unique requirements, e.g. to the laboratory and medical device industry. The company has a turnover of approximately SEK 30 million and employs 24 people.

"Anton Johanssons Rostfria Verkstads AB manufactures components in stainless steel and it’s an excellent complement to AQ Elteknik’s business. We have some customers in common and together we have the opportunity to offer our customers complete units with both mechanics and electronics” says Tobias Hammar, Managing Director of AQ Elteknik.

For more information contact:

Group CEO:                                                                      Claes Mellgren                                            +46 70-592 83 38

MD AQ Elteknik AB:                                                         Tobias Hammar                                          +46 70-439 40 38

AQ in brief

AQ is a leading supplier to demanding industrial customers and is listed on AktieTorget.

The Group consists of operating companies each of which develop their special skills, and in cooperation with other companies, striving to provide cost effective solutions in close cooperation with the customer.

AQ has about 3,900 employees in Sweden, Bulgaria, China, Estonia, India, Italy, Lithuania, Mexico and Poland. In 2014 AQ had net sales of SEK 2.6 billion.

AQ has the highest credit rating AAA.

www.aqg.se

About Us

To develop, manufacture and assemble components and systems for demanding industrial customers. With our commitment to Total Quality our customers become long-term partners.

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