Tata AutoComp Systems completed the of a majority stake acquisition of Artifex Interior Systems for £83m.

Tata AutoComp Systems, a Indian automotive components manufacturer and part of the Tata Group, completed the majority stake of a acquisition of Artifex Interior Systems, a manufacturer specializing in automotive interior systems, for £83m. "We are pleased to welcome Artifex into the Tata AutoComp family. This acquisition aligns with our strategic vision of expanding our global footprint and strengthening our expertise in automotive interior systems. Artifex’s advanced manufacturing capabilities and established customer relationships will enhance our presence in key markets, enabling us to deliver differentiated solutions and drive long-term growth," Arvind Goel, Tata AutoComp Systems Vice Chairman.