# AQ Group acquires Time 24 Holdings

AQ Group acquired 100% of the shares in Time 24 Holdings Ltd, a UK manufacturer of electrical cabinets and wiring systems, for GBP 1 in cash plus debt redemption. Time 24 has operations in Burgess Hill, UK and Vizovice, Czech Republic, with annual turnover of about GBP 10 million and 150 employees.

- Type: Acquisition
- Announced: 2026-05-11
- Where: Burgess Hill, UK; Vizovice, Czech Republic, United Kingdom
- Jobs: 150
- Status: completed
- Products: electrical cabinets, wiring systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [AQ Group](https://endata.com/companies/31782.md) (acquirer)
- [Time 24 Holdings Ltd](https://endata.com/companies/91887.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2026-05/68465809-aq-group-ab-aq-group-acquires-time-24-399.htm), 2026-05-11: "Today, May 11, 2026 AQ Group acquires 100% of the shares in Time 24 Holdings Ltd. that manufactures electrical cabinets and wiring systems to demanding industrial customers in the UK."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.