TI Fluid Systems Acquires Cascade Engineering Europe from Cascade Engineering, Inc.
November 9, 2023
TI Fluid Systems has acquired Cascade Engineering Europe (CEE), the Budapest‑based plastics and thermal fluid connector business, from Cascade Engineering, Inc. CEE — a designer and manufacturer of complex injection‑molded automotive thermal fluid connectors with ~300 employees — will be integrated into TI Fluid Systems to expand its thermal connector capabilities and support growth in electric vehicle applications. Angle Advisors acted as exclusive M&A advisor to Cascade Engineering in the transaction.
- Buyers
- TI Fluid Systems
- Targets
- Cascade Engineering Europe
- Sellers
- Cascade Engineering, Inc.
- Industry
- Automotive
- Location
- Hungary
- Transaction Type
- Divestiture
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