# ABC Technologies to acquire TI Fluid Systems for $1.32 billion

Canadian automotive components supplier ABC Technologies has agreed to acquire British TI Fluid Systems for £1.04 billion ($1.32 billion), expanding the combined group's global reach.

- Type: Acquisition
- Announced: 2024-11-29
- Where: United Kingdom
- Value: $1.32B
- Status: announced
- Products: thermal and fluid system solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [TI Fluid Systems](https://endata.com/companies/7205.md) (target)
- [ABC Technologies Holdings](https://endata.com/companies/60313.md) (acquirer)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/canadas-abc-technologies-buy-british-firm-ti-fluid-132-bln-deal-2024-11-29/), 2024-11-29: "Automotive components supplier TI Fluid has agreed to a 1.04 billion pound ($1.32 billion) takeover by Canada's ABC Technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.