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