TI Fluid Systems Plc. (Formerly TI Automotive Limited)

Company Profile

■URL

https://www.tifluidsystems.com

■Address

4650 Kingsgate Oxford OX4 2SU, UK

Business Overview

-The Company is a leading global manufacturer of fluid storage, carrying, delivery, and thermal management products and systems for all vehicle types, from internal combustion engines (ICE) to battery electric vehicles (BEV).

-The Company is the number one supplier of brake and fuel lines, a top three supplier of fuel tanks and refrigeration lines and connectors, and a top five supplier of coolant modules.

-Effective from 1 January 2024, the Company is operating under a new regional reporting structure with three geographic regions: Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific.

-On April 15, 2025, the Company was acquired by ABC Technologies Inc. (ABC) for an enterprise value of over GBP 1.8 billion. The combined business will be rebranded as TI Automotive. The business is ideally positioned to support a diverse range of customers with its propulsion agnostic portfolio. It will have a combined revenue of USD 5.4 billion and 34,600 employees in 26 countries. TI Automotive will be led by Terry Campbell, ABC President and Chief Executive Officer. Headquartered in Auburn Hills, Michigan, TI Automotive will be managed through a Regional Operating Model to ensure customer proximity and the agility to respond rapidly to local market dynamics. (From a press release dated April 15, 2025)

Shareholders

-The Company was delisted from the London Stock Exchange following its acquisition by ABC Technologies Inc. on April 15, 2025. ABC Technologies is now the sole shareholder of the Company.

Products

Thermal management products

Coolant Components:
• Inner Battery Fluid Distributors (IBFD)
• Coolant Flow Valves
• Electric Coolant Pumps

Refrigerant Components:
• Air-Conditioning Tubes and Hose Assemblies
• Accumulators and Receiver Dryers
• Coaxial or Tube-in-Tube Assemblies

Thermal Systems:
• Heaters and Radiator Hoses
• Plastic Thermal Systems for Lithium-Ion Battery Packs
• Autonomous Thermal Plastic Lines

-Chassis thermal plastic manifolds

Lines, connectors and chassis bundles

Fuel and Brake Lines:
• Double-wall steel tubing
• Single-wall steel tubing
• Multilayer nylon tubing

Specialty Lines:
• Tank top lines
• ABS/ESP bundles
• Heated nylon lines for Selective Catalytic Reduction (SCR) systems
• Vacuum booster lines
• Brake and fuel bundles
• Exhaust treatment lines

Connectors:
• Quick connectors
• Sensor-integrated quick connectors

Advanced Applications:
• Hydrogen storage lines
• Cleaning lines for Advanced Driver-Assistance Systems (ADAS)

Powertrain products

Fuel Delivery Systems:
• Gasoline Direct Injection (GDI) Lines and Rails
• High-Pressure Diesel Lines and Rails

Exhaust and Emissions:
• Exhaust Treatment Tubes and Pipes

Lubrication and Cooling:
• Engine Oil Feed and Return Lines
• Turbocharger Cooling Lines
• Heating and Cooling Lines

Vacuum and Ventilation:
• Vacuum Booster Lines
• Ventilation Tubes

Powertrain Components:
• Power Steering Tubes
• Transmission Tubes
• Engine Oil Screens
• Engine Oil Gauges

Safety Systems:
• Airbag Tubes

Fuel tank systems
-Plastic fuel tanks for gasoline, diesel and flex-fuel vehicles
-Plastic fuel tanks for low emission vehicles
-Plastic fuel tanks for Partial Zero Emission Vehicles (PZEV)
-Pressured fuel tank systems for hybrid vehicles
-Delivery and return components
-Plastic fuel filler tubes

Fuel delivery products
-Brushed and brushless fuel pumps
-Dual-channel single stage pumps
-Fluid delivery modules
-Brushless fuel delivery modules
-Electronic control units
-Fuel level sensors (contact-resistive, non-contact piezo, and sealed types)
-Diesel additive dosing systems

BEV products
-Battery enclosures
-Battery module end plates
-Busbar holders

Kinetic interior products
-Vents
-Consoles

History

1919 Established as Tube Investments Ltd. in Birmingham by the consolidation of four steel tube manufactures.
1982 Name was changed to TI Group
1988 Bundy Corp became a subsidiary of TI Group.
Apr. 1999 Walbro became under the control of TI Group. And TI Group integrated Walbro with Bundy and formed TI Automotive.
Dec. 2000 The Company, as well as its Group was merged into Smiths (then Smiths Industries) as Automotive Systems Division. 
Jul. 2001 The Company was spun off from Smiths and became an independent.
Jun. 2015 The Company was acquired by Bain Capital, a leading global private investment firm.
Feb. 2016 Acquired Millennium Industries Corporation, a U.S.-based producer of powertrain products for the automotive industry.
Oct. 2017 Successfully completed IPO under the name TI Fluid Systems plc, and thus enabled its shares to be listed on the London Stock Exchange.
Apr. 2016 Opened brake manufacturing facility in Monterrey, Mexico.
Jun. 2016 Opened a third fuel tank systems production facility in Baoding, Hebei Province, China.
May 2019 Changed its corporate name from TI Automotive to TI Fluid Systems.
2021 Acquisition of 100% of Hanil Tube Corporation located at Korea.
Apr. 2022 Opened new e-Mobility Innovation Centre in Rastatt, Germany.
2023 Opened new e-Mobility Innovation Centers (eMICs) in Nagoya (Japan) and Incheon (South Korea).
Oct. 2023 The company’s 4th e-Mobility Innovation Center (eMIC) was opened in Jiading, Shanghai (China).
Nov. 2023 Acquired Hungarian-based Cascade Engineering Europe (CEE).
Jun. 2024 Opened its all-new e-Mobility Innovation Center (eMIC) in Auburn Hills, Michigan.
Apr. 2025 The Company was acquired by ABC Technologies Inc. for an enterprise value of over GBP 1.8 billion.

Supplemental Information 1

Acquisitions

1987 Armco Inc's European tubing business
Fulton (UK) from ITT (outstanding 49%)
1987 Bundy Corporation (USA)
1991 Huron Products Industries (USA)
1996 Technoflow Tube Systems (Germany)
Bundy Asia Pacific (outstanding 50%)
1998 S&H Fabricating and Engineering (USA)
1999 Kenmore Italiana (Italy)
Walbro Corporation (USA)
Marwal (outstanding 51%)
Creation of TI Group Automotive Systems
2000 TI Group merges with Smiths Industries to create Smiths Group plc.
2001 Creation of TI Automotive Ltd by demerger of automotive division from Smiths Group.
2003 Acquired Pierburg Fuel Pumps (Germany).
2007 Sold Industrial Group.
2007 Smiths sold its ordinary equity and preference shareholdings to a consortium of funds managed by Oaktree Capital Management LP and Duquesne Capital Management LLC.
2008 Moved the headquarters of its Global Fluid Carrying Systems division from Warren, Michigan, U.S., to Heidelberg, Germany.
2010 Acquired full ownership of Japan-based Mitsuba Walbro Inc. (MWI) by purchasing the remaining shares.
2016 Acquired Millennium Industries Corporation, a U.S.-based producer of powertrain products for the automotive industry.
2021 Acquired Hanil Tube Corporation
2023 Acquired Hungarian-based Cascade Engineering Europe (CEE)

>>>Business Report up until FY ended Dec. 31, 2009
>>>Business Report up until FY ended Dec. 31, 2017
>>>Business Report up until FY ended Dec. 31, 2018
>>>Business Report up until FY ended Dec. 31, 2019
>>>Business Report up until FY ended Dec. 31, 2020
>>>Business Report up until FY ended Dec. 31, 2021
>>>Business Report up until FY ended Dec. 31, 2022

Note: A figure in brackets ( ) indicates a loss

MarkLines Customer Support

9:00 a.m. - 5:30 p.m. Mon.-Fri. (excluding national holidays)
japan Japan
Nagata-cho, Chiyoda-ku, Tokyo, Japan
+81-3-4241-3907
USA USA
Southfield, Michigan, USA
+1-248-327-6987
MEX Mexico
León Guanajuato, Mexico
+52-477-796-0560
DEU Germany
Frankfurt am Main, Germany
+49-69–904-3870-0
CHN China (Shanghai)
Huangpu District, Shanghai, China
+86-21-6212-6562
CHN China (Shenzhen)
Nanshan District, Shenzhen, Guangdong
+86-755-2267-1725
THA Thailand
Klongtoey, Bangkok, Thailand
+66-2-665-2840
IND India
Gurgaon, Haryana, India
+91-124-4048779