ABC Technologies has acquired TI Fluid Systems for over £1.8 billion, creating a diversified Tier 1 manufacturer in the automotive industry under the new brand TI Automotive.

Information on the Target

ABC Technologies has successfully completed the acquisition of TI Fluid Systems plc (TIFS) for an enterprise value exceeding £1.8 billion. The newly formed entity will operate under the name TI Automotive, drawing from a rich heritage that emphasizes both companies' strong commitment to exceptional engineering, employee engagement, and customer service. This strategic acquisition unites two highly complementary organizations, establishing a robust and diversified Tier 1 manufacturer known for delivering critical safety and performance-related products along with highly engineered components.

With a combined revenue of $5.4 billion and a workforce of 34,600 employees spread across 26 countries, TI Automotive is positioned to effectively meet the diverse demands of the automotive industry. The company aims to utilize its propulsion-agnostic portfolio to serve a broad range of customers, ensuring both global reach and local presence through an efficient Regional Operating Model.

Industry Overview in the Target’s Specific Country

The automotive industry in the United States is characterized by fierce competition and rapid technological advancements. With significant investments in electric vehicle (EV) technologies and manufacturing processes, companies in this