AQ Group finalizes the acquisition of JIT Mech
AQ Group AB signed on March 11, 2024, an agreement to acquire 100% of the shares in JIT Mech se Industri AB with the subsidiaries JIT Mech i Robertsfors AB and JIT Mech i Örnsköldsvik AB. The transaction is subject to, and conditioned by, declaration to The Inspectorate of Strategic Products (ISP), in accordance with the FDI Act (Foreign Direct Investment). ISP, has now decided that no further action is required according to FDI Act, hence AQ Group can now finalize the acquisition of JIT Mech. The closing is planned to take place during second quarter 2024. JIT Mech is a leading