ApQ
APQ Power AB is a Malmö-based electrical installation company specializing in power and high-voltage services across southern Sweden, serving utility and infrastructure clients. Founded in 2000, the firm was acquired by Assemblin Electrical in September 2025.
- Company typePrivate
- Founded2000
- HeadquartersMalmö, Sweden
- Headcount251–500
- GTM typeB2B
- OfferingServices
What ApQ does
APQ Power AB is a Swedish electrical installation company specializing in power and high-voltage services, including electricity, lighting, telecommunications, data, and alarm systems. Founded in 2000 and headquartered in Malmö in southern Sweden, the firm operates a regional footprint within southern Sweden and employs between 251 and 500 people, consistent with a mid-sized specialty electrical contractor serving utility, infrastructure, and industrial clients in its territory.
The company offers installation and service work across power and high-voltage categories, positioning itself as a focused provider rather than a diversified electricals generalist. Core technology, proprietary platforms, and software-driven capabilities are not disclosed in available source material, indicating the business is built primarily on certified workforce capability, project execution, and regional relationships rather than technology differentiation.
In September 2025, APQ Power AB was acquired by Assemblin Electrical as part of Assemblin's strategic growth initiative to strengthen its position in the Swedish high-voltage sector. Following the transaction, APQ's operations are being integrated into Assemblin's broader Nordic technical services platform, ending its operation as a standalone entity. The business model prior to acquisition appears to be project-based contracting services, though no specific pricing structure, revenue mechanics, or customer segmentation details are publicly disclosed.
ApQ firmographics
Firmographics- Name
- ApQ
- Legal name
- APQ Power AB
- Website
- https://apqel.se
- Company type
- Private
- Founded year
- 2000
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- APQ Power AB is a Malmö-based electrical installation company specializing in power and high-voltage services across southern Sweden, serving utility and infrastructure clients. Founded in 2000, the firm was acquired by Assemblin Electrical in September 2025.
- Ownership category
- akta.pro rank
ApQ industry classification
Industry- Product category
- Power and High-Voltage Electrical Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Distribution Substations & Switching Stations (MV) EPC (EUAEACAC)
- akta.pro secondary industries
- Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Transmission line EPC & construction (overhead) (EUADAKAA), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)
Keywords
Where ApQ is headquartered
LocationHeadquarters
- HQ city
- Malmö
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
ApQ business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure
ApQ product offering
Product offeringCore offering
APQ Power AB is an installation company providing power, electricity, lighting, telecommunications, data, alarm, and electrical services in southern Sweden. The company focuses on power and high-voltage services for clients in the region. Following its acquisition by Assemblin Electrical, the company's capabilities are being integrated into Assemblin's broader high-voltage operations in Sweden.
Product overview
APQ Power AB is a single-product company providing power and high-voltage electrical services. The company was acquired by Assemblin Electrical in September 2025 to integrate its high-voltage expertise into Assemblin's operations, strengthening their position in the Swedish high-voltage sector.
Differentiator
Problem solved
Functional benefit
Products and services
- Power and High-Voltage Electrical Services Comprehensive power, electricity, lighting, telecommunications, data, alarm, and electrical installation services delivered to customers in southern Sweden. Services are aimed at clients requiring high-voltage infrastructure and electrical contracting work in the region.
Companies that use ApQ
Customer profileIdeal customer profiles1 record
ApQ technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ApQ partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Assemblin ElectricalcoreAssemblin Electrical has acquired APQ Power AB as part of its strategic growth initiative. The transaction, targeted for closure in September 2025, will integrate APQ Power into Assemblin's operations, strengthening its position in the high-voltage sector in southern Sweden.
Recent moves2 records
Expansion highlights3 records
ApQ competitors and assessment
Company assessmentRegional players
- Caverion: Northern European provider of technical building solutions and electrical services headquartered in Finland, active in Sweden. Comparable as a cross-trade installation peer operating in overlapping Nordic geographies.
Broad incumbents
- Skanska (Electrical/installation scope): Global Swedish construction and project development group with significant in-house electrical and infrastructure installation capability. Comparable as a large incumbent on Swedish high-voltage and electrical infrastructure tenders.
- NCC (Electrical/installation division): Major Swedish construction group with in-house electrical and high-voltage installation capabilities serving infrastructure and building projects. Comparable as a large incumbent competing for electrical scope on major Swedish projects.
- Bravida: Leading Nordic installer of electrical, heating & plumbing, and HVAC services across Sweden, Norway, Denmark and Finland. Comparable as a large-scale Swedish electrical services competitor with cross-trade service breadth similar to ApQ's offering.
- Assemblin: Nordic multi-technical installation group (now ApQ's parent) operating across electrical, HVAC, and data/telecom in Sweden, Norway, Denmark and Finland. Directly comparable as a Swedish electrical and high-voltage installation platform with overlapping service lines.
- Instalco: Swedish installer group providing electrical, heating/plumbing, ventilation, and industrial services across the Nordics. Comparable as a multi-trade Swedish installation peer competing for similar electrical and high-voltage project scope.
Direct peers
- Eltel Group: Nordic specialist in power and communication networks including high-voltage transmission and distribution services. Most directly comparable peer given its focused high-voltage and grid services overlap with ApQ's core offering.
- One Nordic: Swedish contractor focused on electrical infrastructure services for energy and telecom networks, including substations and high-voltage installations. Comparable as a regional specialist peer competing for similar high-voltage project scope in Sweden.
- Eitech: Swedish electrical installation company delivering power, lighting, telecom and security solutions to industrial and infrastructure customers. Comparable as a similarly sized Swedish electrical installer with overlapping service portfolio.
- Midroc Electro: Swedish electrical contractor within the Midroc group providing power, lighting, and electrical installations to industrial and commercial clients. Comparable as a regional Swedish electrical installation peer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
ApQ financial estimates
Financial estimateRevenue estimate
Valuation estimate
ApQ leadership team
Management profileNumber of profiles
ApQ funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ApQ M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ApQ
What does ApQ do?
APQ Power AB is an installation company providing power, electricity, lighting, telecommunications, data, alarm, and electrical services in southern Sweden. The company focuses on power and high-voltage services for clients in the region. Following its acquisition by Assemblin Electrical, the company's capabilities are being integrated into Assemblin's broader high-voltage operations in Sweden.
Is ApQ a public or private company?
ApQ is a private company. It is classified as corporate owned and is currently acquired.
When was ApQ founded?
ApQ was founded in 2000. It employs 251 to 500 people.
Where is ApQ based?
ApQ is headquartered in Malmö, Sweden, in the Europe region.
Who are ApQ's main competitors?
Caverion is listed as a regional player. Broad incumbents are Skanska (Electrical/installation scope), NCC (Electrical/installation division), Bravida, Assemblin and Instalco. Direct peers are Eltel Group, One Nordic, Eitech and Midroc Electro.
Does ApQ have an API?
No public API is recorded for ApQ.
What industry is ApQ in?
ApQ's product category is Power and High-Voltage Electrical Services. Its primary akta.pro industry code is EUAEACAC, Distribution Substations & Switching Stations (MV) EPC, with a secondary code of EUAEAAAM, Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls). Its NAICS code is 2211 and its SIC code is 4911.