ABC Technologies, a Toronto, Ontario, Canada-based technology company for the global automotive industry, acquired TI Fluid Systems, an Auburn Hills, MI-based company which specializes in automotive fluid storage, carrying and delivery systems, for an enterprise value of over £1.8 Billion.
The combined business will be rebranded TI Automotive.
TI Automotive will be led by ABC President and CEO Terry Campbell. He will be supported by an Executive Leadership Team that combines the skills and expertise of both ABC and TIFS. TI Automotive will be managed through a Regional Operating Model to ensure customer proximity and the agility to respond rapidly to local market dynamics.
ABC Technologies specializes in plastics, lightweighting, blow molding and injection molding technology for the global automotive industry. Its customers use products for increased design flexibility, improved efficiency in manufacturing and assembly, cost savings, weight savings, enhanced quality and performance.
TI Fluid Systems designs and manufactures thermal management and fluid handling systems that improve efficiency, performance and sustainability for organisations worldwide.
FinSMEs
15/04/2025