Canada's ABC Technologies Acquires UK-Based TI Fluid Systems

Canada’s ABC Technologies Acquires UK-Based TI Fluid Systems

ABC Technologies, a Canadian leader in automotive components manufacturing, has announced its $1.32 billion acquisition of British firm TI Fluid Systems. The deal, equivalent to £1.04 billion, is set to expand ABC’s global presence across the Americas, Europe, and Asia.

About ABC Technologies

ABC Technologies is a Toronto-based company specializing in the design, engineering, and production of lightweight and advanced material components for the global automotive industry. Its portfolio includes systems for air and fluid management, interior and exterior components, and energy-efficient solutions tailored to modern vehicles. With Apollo Global Management’s backing, the company has rapidly expanded, emphasizing innovations in thermal management and lightweight materials to meet the demands of electric and fuel-efficient vehicles.

About TI Fluid Systems

TI Fluid Systems, headquartered in Oxford, UK, is a leading supplier of automotive fluid storage, transfer, and delivery systems. Known for its fuel tanks, fluid handling systems, and thermal management technologies, TI Fluid has played a pivotal role in transitioning the automotive industry toward electrification. With operations spanning 100 locations worldwide, it serves major automakers by providing components for both traditional internal combustion engines and electric vehicle architectures.

This acquisition combines TI Fluid’s expertise in fluid systems with ABC Technologies’ focus on lightweight materials, creating a formidable force in the automotive supply chain. The deal is expected to enhance both companies’ abilities to support the growing demand for electric vehicles while solidifying their positions in key markets across Europe, North America, and Asia.