AQ Group acquires Rockford
On July 10, 2024, AQ Group AB acquired and took over 100% of the shares in Rockford Components Limited, which manufactures and supplies wire harnesses and electromechanical systems to customers in the defense, aerospace, and general industries. The company had a turnover in 2023 of SEK 95 m, an operating margin below the AQ average and has 112 employees. The business is conducted in Rendlesham, Worksop and Salisbury in England. The purchase price consists of SEK 18 m in cash at the time of acquisition and an additional purchase price based on the company's results for the next 12 months, up