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Founded by Hugo Teodor Tillquist
1895
Hugo Tillquist Elektrotekniska was founded in Stockholm’s Old Town
1965
First-generation transducers developed
1968
Founder family Tillquist sold its shares to Swedish AEG-Telefunken
1980s
International expansion, primarily into the Middle East – today our largest market after Scandinavia
1980s and 1990s
Mergers and spin-offs. Management buyout from Sandblom Stohne in 1999 created today’s private ownership structure
2008
Name changed back to Hugo Tillquist AB
2010s
Acquisition period. Hugo Tillquist added companies including Wesmar, Oleico, Instrumentcenter and G Karlbom
2015
Exceeded sales of SEK 150 million
2016
Developed first generation of digital transducers
2018
Acquisition of Optonyx AB, a distributor of photonics components and systems
2020
Launch of Energy Storage business unit
2022
Acquisition of Nanor AB, a distributor of components and systems for motion control and photonics