AQ Group acquires JIT Mech

AQ Group AB signed an agreement to acquire 100% of the shares in JIT Mech se Industri AB and its subsidiaries for SEK 40 million in cash plus earnout, subject to regulatory approval, expected to close in Q2 2024.

“The purpose of the transaction is to expand AQ's customer base and to broaden our offering in metalworking and welding”news.cision.com

• 2 sources
• news.cision.comAQ Group acquires JIT Mech - AQ GroupMar 11, 2024
• news.cision.comAQ Group finalizes the acquisition of JIT Mech - AQ GroupApr 15, 2024

Summarized from public sources; check the original articles before acting on it.