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Tata AutoComp completes acquisition of TitanX

By Swati Deshpande,

Added 02 January 2017

TitanX is an engine and powertrain cooling solutions provider

In line with its strategy of expanding globally and fortifying presence in the cooling and emission control segments, Tata AutoComp Systems, announced completion of the acquisition of TitanX - a leading global engine cooling supplier.

Speaking on the occasion, Praveen Kadle, chairman, Tata AutoComp Systems, said: "With the successful acquisition of TitanX, we look forward to leverage TitanX's global presence that fits well into our well-defined global growth strategy. The acquisition further reiterates our commitment in delivering solutions that will cater to the changing needs of global customers. Offering improved products and services are our strength and we are confident that this acquisition will further help provide world-class products and services for the automotive industry.

Ajay Tandon, MD and CEO, Tata AutoComp Systems, added: "The acquisition of TitanX will help further strengthen and enhance our offering to our commercial vehicle customers outside India. Through the acquisition of TitanX we will have the scale, portfolio and resources necessary to usher in a new era of innovative products and solutions for our global customers. In India, we have Tata Toyo Radiator, a joint venture with TRAD, Japan, which will continue to serve its customers in India."

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