Tata AutoComp acquires IAC Sweden, renamed Artifex Systems AB

Tata AutoComp Systems Ltd acquired International Automotive Components Group Sweden AB (IAC Sweden), now renamed Artifex Systems AB. The Swedish supplier of vehicle interior and exterior systems operates three facilities and employs about 1,800 people, generating approximately USD 800 million in annual revenue.

“The purchase by Tata AutoComp said the purchase of IAC Sweden is to strengthen relationships with European OEMs across both passenger and commercial vehicle segments.”truckandbusbuilder.com

• 1 source
• truckandbusbuilder.comArtifex Systems AB is the new name for IAC Sweden after acquisition by Tata AutoCompRACE Innovations Pvt LtdApr 3, 2026

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