AQ Group AB engages in the manufacture of components and systems for the industrial customers. It operates through the Component and Systems segments. The Component segment comprises of transformers, cabling, mechanical details, sheet metal processing and injection molded thermoplastic. The System segment includes production of systems, power and automa-solutions, and assembly of complete machines. The company was founded by Per-Olof Andersson and Claes Mellgren in 1994 and is headquartered in Vasteras, Sweden.