Fouriertransform Invests in TitanX
· Fouriertransform invests SEK 185 million in TitanX · Investment gives TitanX a solid base for future growth into new strategic markets · Plan to IPO TitanX in the next couple of years Fouriertransform AB (“Fouriertransform”), the state-funded venture and growth capital fund focused on the Swedish automotive industry, has agreed to invest SEK 185 million to support the continued growth of TitanX Engine Cooling (“TitanX”). After the investment, Fouriertransform will own approximately 38% of TitanX, while EQT Opportunity will remain as majority owner. EQT Opportunity will appoint