Stefan Nordstrom, CEO, TitanX, said: "We are eager to start work with our new owner, Tata AutoComp Systems Limited and are confident that their long-term strategic view will enable us to take the next steps in our growth strategy. We are committed to further strengthen our role as global partners of advanced powertrain cooling solutions to our customers."

Geographically spread across North America, South America, Europe and China with sales of approximately $200 million, TitanX is an engine and powertrain cooling solutions provider as well as a principal supplier to the Commercial Vehicle industry. TitanX was previously owned by EQT Opportunity and Fouriertransform.

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