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Tata AutoComp completes acquisition of TitanX Engine Cooling

Tata AutoComp Systems Limited, a leading Indian auto-component conglomerate, has announced completion of the acquisition of TitanX - a leading global engine cooling supplier headquartered in Sweden.The acquisition agreement was signed in August 2016, and now, all regulatory instances in Europe and India have approved the deal. The change of ownership took place Dec 28, 2016. “We are eager to start working with our new owner, confident that their long-term strategic view will enable us to take the next steps in our growth strategy” said Stefan Nordström, CEO of TitanX. “Tata AutoComp will

TitanX becomes part of Tata AutoComp

Gothenburg, August 16, 2016 -- Tata AutoComp Systems Ltd (“Tata AutoComp”), EQT Opportunity (“EQT”) and Fouriertransform (“Fourier”) have entered into an agreement whereby Tata AutoComp will acquire TitanX Engine Cooling (“TitanX”).Tata AutoComp Systems Limited, promoted by the Tata Group, is one of India’s leading auto-component conglomerates offering services across the value chain – Engineering, Manufacturing and Supply Chain. Tata Autocomp has customers across vehicle sectors, from passenger cars to utility vehicles, small and light commercial vehicles, medium and heavy commercial

TitanX continues its global expansion by opening a new plant in China

TitanX, the leading global supplier of powertrain cooling solutions for commercial vehicles, has opened a new plant in Kunshan, China. The plant manufacturers steel oil coolers for commercial vehicles and cooling modules for generator sets to serve the Chinese domestic market and for export. The first set of oil coolers will be delivered by the end of 2015 to a major global OEM with presence in Asia and Europe.TitanX’s new plant, the company’s first in China, is located in Kunshan in the Shanghai region. By having a Chinese plant, TitanX will be able to service international customers with

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