Divestment of TitanX AB to Tata AutoComp Ltd by EQT and Fouriertransform

Tata AutoComp, EQT Opportunity and Fouriertransform have entered into an agreement whereby Tata AutoComp will acquire TitanX Engine Cooling.

About TitanX
TitanX is a world leading supplier of powertrain cooling solutions for commercial vehicles. The Company serves most of the western world’s OEMs, including Volvo Trucks, Scania, Iveco and Daimler. TitanX has a yearly turnover of SEK 1.6 billion and manufactures in Sweden, USA, Mexico, Brazil and China.

Carnegie acted as financial adviser to EQT and Fouriertransform.