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Tata AutoComp announces acquisition of majority stake in Artifex Interior Systems

Summary by autoguideindia.com
Tata AutoComp Systems Limited, a leading Indian automotive components manufacturer, has signed definitive agreements to acquire up to an 80% stake in Artifex Interior Systems Limited (formerly known as IAC UK). On completion of this transaction, Artifex, with revenue of GBP 296 million (FY24-25), will join the TATA AutoComp family. Completion of the acquisition is subject to customary closing conditions and approvals. TACO has purchased the majo…
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Tata AutoComp announces acquisition of majority stake in Artifex Interior Systems

Tata AutoComp Systems Limited, a leading Indian automotive components manufacturer, has signed definitive agreements to acquire up to an 80% stake in Artifex Interior Systems Limited (formerly known as IAC UK). On completion of this transaction, Artifex, with revenue of GBP 296 million (FY24-25), will join the TATA AutoComp family. Completion of the acquisition is subject to customary closing conditions and approvals. TACO has purchased the majo…

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autoguideindia.com broke the news in on Monday, March 31, 2025.
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