Tata AutoComp Completes Strategic Acquisition, Rebrands IAC Sweden as Artifex Systems AB
#TataAutoComp #ArtifexSystems #AutomotiveAcquisition #GlobalExpansion #Tier1Supplier #ManufacturingInnovation“IAC Sweden, now Artifex Systems AB brings with it advanced manufacturing capabilities and a highly skilled workforce with deep expertise in automotive interior & exterior systems. Their strong commitment to quality complements Tata AutoComp’s focus on delivering value to global customers.” - Manoj Kolhatkar, MD & CEO - Tata AutoComp Systems
December 2025 : Tier 1 automotive supplier TATA AutoComp Systems Ltd has recently announced a major strategic expansion into the European automotive market with the successful acquisition of the assets of International Automotive Components Group Sweden (IAC Sweden). The newly acquired entity has been rebranded as Artifex Systems AB.
The acquisition is a significant milestone that immediately strengthens TATA AutoComp’s global footprint, particularly in Europe, and enhances its portfolio of interior and exterior systems. IAC Sweden, now Artifex Systems AB, has an annual turnover of approximately USD 800 million and specializes in premium interior and exterior systems for both passenger and commercial vehicles.
Arvind Goel, Vice-Chairman, Tata AutoComp Systems, highlighted the strategic alignment, stating, “We are delighted to welcome IAC Sweden, now Artifex Systems AB, into the Tata AutoComp family. This transaction aligns with our long-term vision of strengthening our global presence and deepening our relationships with European OEMs. They have a rich legacy of delivering high-quality interior & exterior solutions, and together, we aim to build on that foundation.”
Manoj Kolhatkar, MD & CEO, Tata AutoComp Systems, pointed to the operational advantages: “IAC Sweden, now Artifex Systems AB brings with it advanced manufacturing capabilities and a highly skilled workforce with deep expertise in automotive interior & exterior systems. Their strong commitment to quality complements Tata AutoComp’s focus on delivering value to global customers.”
The integration combines Artifex’s advanced manufacturing and precision painting expertise with TATA AutoComp's system-level capabilities.
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