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ABC Technologies completed its acquisition of TI Fluid Systems for an enterprise value of over £1.8 billion. The combined business will be rebranded as TI Automotive, with combined revenue of $5.4 billion and 34,600 employees in 26 countries.
“The transaction brings together two highly complementary businesses to create a stronger, more diversified Tier 1 manufacturer supplying market-leading safety and performance critical products and highly engineered components.”tifluidsystems.com
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