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Regulatory press release

AQ Group AB's acquisition of Trafotek is completed

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Together with AQ companies in the same field, Trafotek will be part of the business area AQ Inductive Components under the leadership of Petteri Saarinen, Managing Director of Trafotek. This business area will be a strong supplier in the market, delivering to customers that provide electrification solutions to the marine, rail, industry and renewables sectors.

"Solutions based on electricity will grow in importance and we look forward to be part of this development with our new and stronger business area for inductive components. Both Trafotek and AQ has a long track record with demanding industrial customers and we will now have engineering and manufacturing presence in most major geographies in the world." says Anders Carlsson,CEO for AQ Group.

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