# AQ Group acquires B3CG Interconnect for CAD 13.6 million

AQ Group AB signed an agreement to acquire 100% of B3CG Interconnect Inc. and its affiliate B3CG Interconnect USA Inc. for CAD 13.6 million plus an earnout of up to CAD 6 million. B3CG is a supplier of electrical harnesses and electromechanical assemblies.

- Type: Acquisition
- Announced: 2018-05-08
- Where: Saint Eustache, Quebec, Canada and Plattsburgh, New York, USA, Canada
- Value: $10.5M (13.6M CAD)
- Jobs: 300
- Status: completed
- Products: electrical harnesses, high voltage cables, electromechanical assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [AQ Group](https://endata.com/companies/31782.md) (acquirer)
- [B3CG Interconnect](https://endata.com/companies/31783.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/aq-group/r/aq-group-acquires-b3cg-interconnect,c2513824), 2018-05-08: "We are very excited about entering Canada and U.S.A."

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