ABC Technologies Completes Acquisition of TI Fluid Systems; Combined Business Will Rebrand as TI Automotive

Apr 15, 2025 | Press Release

AUBURN HILLS, MICHIGAN – April 15, 2025 – ABC Technologies (ABC) today announces the completion of its acquisition of TI Fluid Systems plc (TIFS) for an enterprise value of over £1.8 billion. The combined business will be rebranded TI Automotive, a name with a distinguished heritage that reflects both companies’ shared focus on world-class engineering, people and customer service.

The transaction brings together two highly complementary businesses to create a stronger, more diversified Tier 1 manufacturer supplying market-leading safety and performance critical products and highly engineered components. The business is ideally positioned to support a diverse range of customers with its propulsion agnostic portfolio. With combined revenue of $5.4 billion[1] and 34,600 employees in 26 countries, TI Automotive will have the global scale and local reach needed to serve the automotive industry.

TI Automotive will be led by ABC President & Chief Executive Officer Terry Campbell. He will be supported by an Executive Leadership Team that combines the extensive skills and expertise of both ABC and TIFS. 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.

Terry Campbell, President & CEO of TI Automotive, said, “We have a great business with exceptional people, differentiated products, a deep commitment to safety and a relentless focus on delivering for our customers. As we embark on the next chapter of our history, we are focused on maximizing shared strengths, building on the best of both our organizations and winning as a team. The combination creates exciting opportunities to drive innovation and manufacturing excellence, while establishing the foundations for our future growth. I am confident that we will do great things together.”

 

 

About TI Automotive

TI Automotive is a Tier 1 supplier of market-leading safety and performance critical products and highly engineered components to the global automotive industry. We have more than 100 years’ experience of solving customers’ safety, efficiency and environmental challenges. Our exceptional team, powertrain agnostic product portfolio, vertical integration, global footprint and customer proximity make us a trusted partner to all the world’s leading OEMs.

TI Automotive was created through ABC Technologies’ acquisition of TI Fluid Systems in April 2025 and is majority owned by certain of the affiliated funds of Apollo Global Management, Inc. and its subsidiaries, with funds managed by Oaktree Capital Management, L.P. owning a minority equity interest. For more information visit www.abctechnologies.com or www.tifluidsystems.com

[1] Pro forma 2024 revenue

Henri Tsang

President Asia Pacific

Henri Tsang was appointed TI Fluid Systems’ President of Asia Pacific in January 2024. He brings more than 30 years of automotive industry experience, previously serving as Managing Director of Fuel Tanks and Delivery Systems in the region. Henri’s distinguished career includes senior leadership positions at Valeo, Plastic Omnium, Magna, and CAIP Automotive, with expertise spanning sales, business development, and operational management.

Steve Vercauteren

President EMEA

Steve Vercauteren became President EMEA of TI Fluid Systems in January 2024 after serving as Executive Vice President of the Fuel Tank & Delivery Systems Division. With more than 30 years of extensive global automotive industry experience, Steve has held multiple roles in production, commercial, and executive leadership within the company, successfully driving strategic initiatives and operational excellence.

Julian Plenchette

President Americas

Julian Plenchette serves as President Americas, bringing over 20 years of automotive leadership experience. He previously held senior roles at major tier-one suppliers including ZF/Wabco, LS Automotive, and Valeo. Prior to joining TI Fluid Systems in 2024, Julian was Managing Director and Vice President of Aptiv’s Active Safety and User Experience Business Unit in North America, overseeing strategic growth and technological advancements.

Johannes Helmich

Chief Technology Officer
Johannes Helmich serves as Chief Technology Officer, bringing more than 27 years of global engineering expertise focused on automotive innovation and electric vehicle advancements. Previously CTO of TI Fluid Systems, Johannes has held senior management roles at prominent Tier One suppliers such as Magna, Brose, Bosch, and Valeo. He will continue to accelerate TI Automotive’s product development and technological capabilities.

Omar Montasir

Chief Commercial Officer

Omar Montasir has extensive experience in commercial leadership, sales strategy, and project management. Before joining ABC Technologies, Omar served as Vice President of Sales and Project Management at Robert Bosch. His expertise encompasses global sales growth, customer relationship management, and strategic commercial initiatives within the automotive industry.

Janis Acosta

Chief Legal Officer

Janis Acosta joined TI Fluid Systems as Chief Legal Officer & Company Secretary in August 2023, bringing more than 20 years of international legal leadership in the automotive sector. Janis previously held senior roles at International Automotive Components (IAC) Group and Lear Corporation, specializing in mergers and acquisitions, corporate governance, regulatory compliance, and international commercial transactions. Her extensive global experience strengthens the company's legal and compliance frameworks.

Mark Decker

Chief Human Resources Officer

Mark Decker has more than three decades of human resources leadership within global automotive companies. Before joining ABC Technologies, he was CHRO at Joyson Safety Systems, following similar senior roles at Key Safety Systems, Nexteer Automotive, Fisker Automotive, and Meridian Automotive. Mark began his career at Ford Motor Company and Visteon Corporation, holding various operational and corporate HR roles across the U.S. and internationally, including three years in Yokohama, Japan.

John Loehr

Chief Transformation & Strategy Officer

John Loehr brings more than 30 years of strategic consulting and operational experience in automotive, industrial, and technology sectors. Prior to joining ABC Technologies, John was a Partner at global firms including Booz & Company, McKinsey & Company, and AlixPartners. His extensive expertise spans strategy, M&A, and operational transformation, with notable contributions to electric vehicle market strategies and supplier performance improvement across numerous automotive segments.

Alexander De Bock

Chief Financial Officer

Alexander De Bock was appointed Chief Financial Officer and Executive Director of TI Fluid Systems in April 2023. With 16 years of automotive financial leadership, Alexander previously served as CFO and Senior Vice President for ZF Friedrichshafen’s Commercial Vehicle division and CFO at WABCO Holdings. He began his career in audit assurance at Arthur Andersen (now Deloitte).

Terry Campbell

President & Chief Executive Officer

Terry Campbell has more than 25 years of global automotive leadership, renowned for driving operational excellence, innovation, and customer-centric solutions. Terry served as CEO and, previously, Chief Operations Officer at ABC Technologies. His extensive experience also includes senior roles at The Woodbridge Group as COO and at Johnson Controls Automotive Experience Group as Vice President & General Manager, responsible for the Americas & Asia Pacific. He also held various senior management positions at Magna International.