TitanX Engine Cooling AB
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TitanX Engine Cooling AB - overview
Established
2008
Location
Gothenburg, -, Sweden
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Sölvesborg, Sweden, and founded in 2008, TitanX Engine Cooling AB is a supplier of engine cooling solutions to leading manufacturers of trucks, buses, off-highway equipment, and industrial diesel engines. In March 2013, the firm raised SEK185 million for a 38% stake, led by Fouriertransform, with EQT Partners remaining as majority investor in the company. In August 2016, Tata AutoComp acquired TitanX. The firm as of January 2024, is operational worldwide with its offices in the US, Mexico, Brazil, Italy, Poland, Sweden, and China, and is led by its CEO, Cedric Huslin.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Chemicals
Website
www.titanx.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
TitanX Engine Cooling AB - timeline of key events
TitanX Engine Cooling AB - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 978,670,000 | 848,214,000 | 885,057,000 | 896,222,000 | 1,050,345,000 | - | 1,276,111,000 | 1,187,675,000 | 1,318,853,000 | 1,179,692,000 | 1,008,000,000 | 1,376,388,000 | - | - | - |
| % Revenue Growth (YoY) | - | (13.3%) | 4.3% | 1.3% | 17.2% | - | - | - | 11.0% | (10.6%) | (14.6%) | 36.5% | - | - | - |
| EBITDA (USD) | 136,281,000 | 68,376,000 | 111,285,000 | 86,677,000 | 148,764,000 | - | 154,288,000 | 75,413,000 | 26,291,000 | 79,765,000 | 67,354,000 | 70,323,000 | - | - | - |
| Operating Income (USD) | 111,758,000 | 30,672,000 | 68,157,000 | 39,069,000 | 94,014,000 | - | 53,632,000 | 16,743,000 | (29,750,000) | 24,853,000 | 10,755,000 | 18,049,000 | - | - | - |
| Operating Margin | 11.4% | 3.6% | 7.7% | 4.4% | 9.0% | - | 4.2% | 1.4% | (2.3%) | 2.1% | 1.1% | 1.3% | - | - | - |
| % EBITDA Margin | 13.9% | 8.1% | 12.6% | 9.7% | 14.2% | - | 12.1% | 6.3% | 2.0% | 6.8% | 6.7% | 5.1% | - | - | - |
| NET Income (USD) | 207,000 | - | - | (1,933,000) | 9,532,000 | - | (23,678,000) | 9,244,000 | (23,886,000) | 18,893,000 | 1,468,000 | 3,073,000 | - | - | - |
| % Net Margin | 0.0% | - | - | (0.2%) | 0.9% | - | (1.9%) | 0.8% | (1.8%) | 1.6% | 0.1% | 0.2% | - | - | - |
TitanX Engine Cooling AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | TitanX Engine Cooling AB | - | ||||||||
| Secondary Buyout | Completed | TitanX Engine Cooling AB | - | ||||||||
| Trade Sale | Completed | Niles Parts Co., Ltd | - | ||||||||
| Corporate Carve Out | Completed | TitanX Engine Cooling AB | - |
Displaying 1 - 4 of 4
TitanX Engine Cooling AB - employee data
TitanX Engine Cooling AB - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Supervisory Board | BM | ||||||
| Board Member | BM |
BM Board Member
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