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Tata AutoComp Systems aims to acquire Slovakia's IAC Group to expand in European markets.
Tata AutoComp Systems, an Indian auto parts company, plans to fully acquire Slovakia's IAC Group through its UK subsidiary, Artifex Interior Systems.
The deal, pending regulatory approval, aims to boost Tata AutoComp's presence in the UK and EU markets, enhancing its capabilities to serve global automakers and supporting its growth ambitions in the European automotive industry.
Financial details were not disclosed.
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Tata AutoComp Systems tiene como objetivo adquirir el Grupo IAC de Eslovaquia para expandirse en los mercados europeos.