Announced

AQ Group acquired Trafotek from Intera Partners for €28m.

Synopsis

AQ Group, a global manufacturer of components and systems for industrial customers, acquired Trafotek, a leading supplier in design and manufacturing of specialized power electronics components, from private equity firm Intera Partners for €28m. "The purpose of the acquisition is to extend AQ’s customer base and to broaden our offering in inductive components. Trafotek has a long track record with demanding industrial customers and the company fits very well into the AQ portfolio without overlaps. AQ and Trafotek combined will be a strong player with technology and manufacturing presence in all major geographies" says Anders Carlsson, CEO of AQ Group.

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