TI Fluid Systems
TI Fluid Systems is a global Tier 1 automotive supplier designing and manufacturing thermal management and fluid handling systems—including fuel tanks, integrated coolant/refrigerant modules, refrigerant lines, and hydrogen components—for major automotive OEMs worldwide.
- Company typePrivate
- Founded1922
- HeadquartersOxford, United Kingdom
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What TI Fluid Systems does
TI Fluid Systems is a Tier 1 automotive supplier founded in 1922 (originally as Harry Bundy and Company) that designs and manufactures thermal management and fluid handling systems for global vehicle manufacturers. Its product portfolio spans five primary categories: thermal management modules (ITMA 1.2–1.4 and ITMR 1.2–1.4 integrated coolant and refrigerant assemblies), refrigerant and coolant lines (including the breakthrough TPRL thermoplastic refrigerant lines delivering up to 60% weight reduction versus traditional aluminum/rubber assemblies and the IBFD inner battery fluid distribution manifold), fuel tank systems using proprietary Tank Advanced Process Technology (TAPT), brake and fuel lines with multilayer low-permeation plastic and high-pressure steel tubes, and emerging new-energy products such as high-pressure hydrogen lines (rated to 900 bar), battery enclosures, and the recently launched 12V Electric Coolant Pump (eCP) for battery electric vehicles. The company serves all major global OEMs including Volkswagen, Ford, Hyundai, General Motors, Mercedes-Benz, Audi, Porsche, BMW, Stellantis brands, and premium manufacturers such as Aston Martin and Bugatti.
The company operates through a propulsion-agnostic strategy, supporting ICE, hybrid, BEV, and hydrogen fuel cell platforms from a single integrated portfolio. Its go-to-market is enterprise field sales with embedded engineering collaboration, conducted across five global technical centers, seven regional support centers, and four e-Mobility Innovation Centres (Rastatt, Germany; Incheon, South Korea; Nagoya, Japan; and Jiading, China). Manufacturing scale is a defining feature, with 95–98 production facilities across 26–27 countries enabling just-in-time delivery to OEM assembly plants. Pricing is custom-negotiated under multi-year supply contracts; the company does not publish list prices. Revenue is generated primarily through OEM hardware sales, with a secondary aftermarket channel through aftermarket.tiautomotive.com.
On April 15, 2025, ABC Technologies (majority owned by Apollo Global Management with Oaktree Capital Management as a minority investor) completed the acquisition of TI Fluid Systems for an enterprise value of over £1.8 billion (~$2.3B). The combined business was rebranded TI Automotive, a Tier 1 supplier with $5.4 billion in combined revenue and 34,600 employees across 26 countries. The combined entity is led by Terry Campbell (formerly ABC Technologies CEO) as President & CEO and Alexander De Bock as CFO, with the prior TI Fluid Systems CEO Hans Dieltjens stepping down at deal close.
TI Fluid Systems firmographics
Firmographics- Name
- TI Fluid Systems
- Legal name
- TI Fluid Systems Limited
- Website
- https://tifluidsystems.com
- Company type
- Private
- Founded year
- 1922
- Operating status
- Acquired
- Headcount range
- 5,001–10,000 employees
- Short description
- TI Fluid Systems is a global Tier 1 automotive supplier designing and manufacturing thermal management and fluid handling systems—including fuel tanks, integrated coolant/refrigerant modules, refrigerant lines, and hydrogen components—for major automotive OEMs worldwide.
- Ownership category
- akta.pro rank
TI Fluid Systems industry classification
Industry- Product category
- Automotive Thermal Management and Fluid Handling Systems
- NAICS
- Fluid Power Valve and Hose Fitting Manufacturing (332912), Fluid Power Pump and Motor Manufacturing (333996), Pump and Compressor Manufacturing (33391)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Pumps & Pumping Equipment (3561), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)
- akta.pro primary industry
- Automotive Refrigerant Lines, Hoses & Thermal Plumbing (IMACALAG)
- akta.pro secondary industries
- Automotive Thermal Management for Electrified Powertrains (Battery/Inverter/Motor Cooling) (IMACALAD), Automotive Coolant & Refrigerant Circuit Components (Pumps/Valves/Reservoirs/Expansion Devices) (IMACALAE), Automotive Heat Exchangers Manufacturing (Radiators/Condensers/Evaporators/Heater Cores) (IMACALAC), Passenger Vehicle Thermal, Cooling & HVAC Manufacturing (ICE) (IMACAAAL), Commercial Vehicle Cooling, HVAC & Thermal Management Manufacturing (IMACABAN)
Keywords
Where TI Fluid Systems is headquartered
LocationHeadquarters
- HQ city
- Oxford
- HQ country
- United Kingdom
- HQ region
- Europe
Offices8 records
Markets served
TI Fluid Systems business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Automotive OEM Component Sales: TI Fluid Systems generates revenue through the design, manufacture, and sale of thermal management and fluid handling systems directly to automotive OEMs. Revenue is derived from long-term supply contracts with major global automakers for components including fuel tanks, thermal modules, coolant lines, brake lines, and hydrogen systems across ICE, hybrid, and electric vehicle platforms.
- Aftermarket: Sale of replacement parts and components through aftermarket channels for vehicles already in service, supporting the existing vehicle parc.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B OEM supplier pricing - custom negotiated contracts |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
TI Fluid Systems product offering
Product offeringCore offering
TI Fluid Systems designs and manufactures thermal management and fluid handling systems for vehicle manufacturers worldwide. Its core products include plastic fuel tanks, brake and fuel lines, coolant and refrigerant modules (ITMA/ITMR), thermoplastic refrigerant lines (TPRL), electric coolant pumps for battery electric vehicles, and high-pressure hydrogen lines for fuel cell vehicles. The company serves all major global OEMs across ICE, hybrid, BEV, and hydrogen powertrain platforms from 95+ manufacturing locations across 26+ countries.
Product overview
TI Fluid Systems is a Tier 1 automotive supplier offering a comprehensive portfolio of fluid storage, carrying, and delivery systems alongside thermal management solutions. The product portfolio spans five main categories: (1) Thermal Management covering refrigerant lines, coolant modules (ITMA 1.2-1.4, ITMR 1.2-1.4), and the R1234YF accumulator; (2) Lines & Connectors including brake/fuel lines and multilayer tubes; (3) Fuel Tank Systems with award-winning plastic tanks for gasoline, diesel, flex-fuel, and hybrid applications; (4) New Energy Storage products like battery enclosures and hydrogen tank liners; and (5) hydrogen-specific components including high-pressure Hydrogen Lines. The company recently launched the 12V Electric Coolant Pump (eCP) for battery electric vehicles. Products are designed for all vehicle types including BEV, HEV, and ICE platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- ITMA 1.4 (Integrated Thermal Manifold Assembly)
Quantifiable outcome
- Up to 60% weight reduction with Thermoplastic Refrigerant Lines (TPRL) compared to traditional aluminum and rubber assemblies
- +5 more outcomes
Companies that use TI Fluid Systems
Customer profileNamed customers16 records
Segments3 records
Ideal customer profiles3 records
TI Fluid Systems technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
TI Fluid Systems partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- ABC TechnologiesflagshipABC Technologies (majority owned by Apollo Global Management with Oaktree as minority investor) completed acquisition of TI Fluid Systems for over £1.8 billion in April 2025. Combined business rebranded as TI Automotive with $5.4 billion revenue and 34,600 employees. Terry Campbell (ABC CEO) leads the combined entity.
- SandencoreCollaboration Agreement signed in December 2023 for e-compressors which are complementary to TI Fluid Systems' market-leading thermal management capabilities. Sanden is a leading supplier of e-compressors for electric vehicles. The partnership accelerates next generation thermal refrigerant module development.
- Cascade Engineering Europe (CEE)coreAcquisition completed in November 2023 of CEE, a leader in the design and manufacture of thermal fluid connectors and other complex plastic injection-molded parts. CEE is based in Hungary and was acquired to strengthen TI Fluid Systems' thermal fluid connector capabilities.
- Global OEM PlatformsflagshipTI Fluid Systems announced growing global portfolio of thermal and fluid products for electric vehicle platforms including Volkswagen ID.3, ID.4, Ford Mustang Mach-E, Hyundai vehicles, and Jeep Wrangler 4xe.
- Ford Motor Company and 3McoreCollaboration during COVID-19 pandemic to support Ford and 3M in production of air purifying respirators (PAPRs) using TI Fluid Systems' manufacturing capabilities.
Scale indicators10 records
Recent moves9 records
Expansion highlights6 records
TI Fluid Systems competitors and assessment
Company assessmentDirect peers
- Hanon Systems: Hanon Systems (formerly Halla Visteon Climate Control) is a leading pure-play automotive thermal management supplier, specializing in HVAC, powertrain cooling, and battery thermal management for EVs — directly competitive with TI Fluid Systems' ITMA/ITMR modules and refrigerant line portfolio on BEV platforms.
- Modine Manufacturing: Modine manufactures thermal management products for automotive, commercial vehicle, and industrial applications — directly comparable to TI Fluid Systems' Industrial Products division focus on BESS, fuel cell cooling, and commercial vehicle fluid systems. Both serve adjacent industrial markets with automotive-grade thermal technology.
- Plastic Omnium: Plastic Omnium is one of the three named market leaders in global automotive fuel tanks alongside TI Fluid Systems. Both companies compete head-to-head for plastic fuel tank and fluid handling system programs across ICE, hybrid, and increasingly BEV platforms, with overlapping customer rosters and similar Tier 1 supplier economics.
Broad incumbents
- Valeo: Valeo is a global Tier 1 supplier with significant thermal systems (Thermal Division) supplying HVAC, battery cooling, and powertrain thermal management solutions. Valeo is a direct competitor to TI Fluid Systems in BEV thermal modules and refrigerant components across European and global OEMs.
- Magna International: Magna is a global Tier 1 mega-supplier with extensive thermal management, fluid handling, and fuel tank capabilities across its powertrain and body exteriors segments. It is identified as one of the three key fuel tank market players with TI Fluid Systems, but competes across a far broader product portfolio.
- Continental AG: Continental is a broad automotive Tier 1 supplier with thermal management and fluid handling products across its Automotive and ContiTech groups. While not a pure-play thermal specialist, Continental competes with TI Fluid Systems on coolant and refrigerant line components for European OEMs.
- Mahle GmbH: Mahle is a major automotive thermal management and filtration Tier 1 supplier with strong positions in HVAC, engine cooling, and e-mobility thermal modules. Mahle competes with TI Fluid Systems across refrigerant loops, coolant modules, and BEV thermal architectures through its broad industrial mobility portfolio.
- Denso Corporation: Denso is one of the world's largest automotive component suppliers with extensive thermal management, HVAC, and refrigerant system offerings. As a Toyota-affiliated Tier 1 with global manufacturing scale, Denso competes with TI Fluid Systems on BEV thermal modules and refrigerant components, particularly in Asia-Pacific OEM programs.
- BorgWarner: BorgWarner is a global automotive powertrain and thermal management supplier with battery cooling, e-powertrain thermal, and fluid handling products. Following its Delphi Technologies acquisition, BorgWarner competes with TI Fluid Systems on integrated thermal modules for electrified powertrains.
Emerging players
- Sanden International: Sanden is a leading supplier of e-compressors for electric vehicle thermal management. TI Fluid Systems signed a December 2023 co-development partnership with Sanden for next-generation thermal refrigerant modules, making Sanden both a partner and a partial competitor in integrated BEV thermal systems.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
TI Fluid Systems social profiles
Digital presenceTI Fluid Systems compliance and trust
Trust signalCompliance2 records
TI Fluid Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
TI Fluid Systems leadership team
Management profileNumber of profiles
Profiles11 records
TI Fluid Systems subsidiaries and ownership
Company hierarchySubsidiaries1 record
TI Fluid Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TI Fluid Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TI Fluid Systems
What does TI Fluid Systems do?
TI Fluid Systems designs and manufactures thermal management and fluid handling systems for vehicle manufacturers worldwide. Its core products include plastic fuel tanks, brake and fuel lines, coolant and refrigerant modules (ITMA/ITMR), thermoplastic refrigerant lines (TPRL), electric coolant pumps for battery electric vehicles, and high-pressure hydrogen lines for fuel cell vehicles. The company serves all major global OEMs across ICE, hybrid, BEV, and hydrogen powertrain platforms from 95+ manufacturing locations across 26+ countries.
Is TI Fluid Systems a public or private company?
TI Fluid Systems is a private company. It is classified as private equity controlled and is currently acquired.
When was TI Fluid Systems founded?
TI Fluid Systems was founded in 1922. It employs 5,001 to 10,000 people.
Where is TI Fluid Systems based?
TI Fluid Systems is headquartered in Oxford, United Kingdom, in the Europe region.
How does TI Fluid Systems make money?
Two revenue lines are on record. Automotive OEM Component Sales are the primary driver. The others are aftermarket.
Who are TI Fluid Systems's main competitors?
Direct peers on record are Hanon Systems, Modine Manufacturing and Plastic Omnium. Broad incumbents are Valeo, Magna International, Continental AG, Mahle GmbH, Denso Corporation and BorgWarner. Sanden International is listed as an emerging player.
Does TI Fluid Systems have an API?
No public API is recorded for TI Fluid Systems.
What industry is TI Fluid Systems in?
TI Fluid Systems's product category is Automotive Thermal Management and Fluid Handling Systems. Its primary akta.pro industry code is IMACALAG, Automotive Refrigerant Lines, Hoses & Thermal Plumbing, with a secondary code of IMACALAD, Automotive Thermal Management for Electrified Powertrains (Battery/Inverter/Motor Cooling). Its NAICS code is 332912 and its SIC code is 3585.