Tata AutoComp Systems Limited, through its UK-based subsidiary Artifex Interior Systems, has successfully completed the acquisition of 100% share capital of IAC Group (Slovakia) s.r.o. Following the acquisition, the entity will be renamed Artifex Systems Slovakia s.r.o.
This strategic move significantly strengthens Tata AutoComp’s footprint in Europe, enhancing its manufacturing and interior systems capabilities across the UK and EU markets. The acquisition aligns with the company’s long-term growth strategy and reinforces its ambition to emerge as a preferred global partner for leading automotive OEMs.
In another key development, Artifex is set to inaugurate its Sweden Engineering Center in Gothenburg on 18 February. The facility will be formally opened by Mr. Arvind Goel, Vice Chairman, Tata AutoComp Systems. The new engineering center is expected to boost Artifex’s engineering and innovation capabilities in Europe while enabling closer collaboration with customers and partners across the region.
Mr. Arvind Goel, Vice-Chairman, Tata AutoComp Systems, commented, “The integration of Artifex Systems Slovakia s.r.o [formerly IAC Slovakia] has been successfully completed, marking a significant step in building the Artifex brand and advancing our global growth strategy. With this integration, we are now better positioned to deliver long-term value, operational excellence, and world-class quality to global OEMs. We have a well-defined plan to strengthen the Artifex brand by bringing together Artifex Systems AB, Artifex Interior Systems and Artifex Systems, with operations in Sweden, the UK and Slovakia, under one cohesive and unified identity.”
Mr. Manoj Kolhatkar, MD & CEO, Tata AutoComp Systems, added, “In the light of this development, I would like to inform you that our European businesses demonstrate strong operational and cultural alignment. This integration will enable quicker decision-making, improved execution, and enhanced value delivery for our OEM clients in the region.”
Mr Alan Fennelly, Chief Executive Officer of Artifex Interior Systems, said, “We are proud to formally welcome Artifex Systems Slovakia (formerly IAC Slovakia) into the Artifex and Tata AutoComp family. Their skilled workforce, strong customer focus combined with great technical expertise will be key in accelerating our growth as we support the next generation of vehicle platforms. Together, we will unlock new opportunities, expand our global reach, and strengthen our position on the journey to become the valued partner of choice”
Mr Robert Maxian, Ambassador of Slovakia to India, commented, “I am pleased to see IAC Slovakia becoming part of the Artifex Interior Systems and Tata AutoComp family. I am confident that under Tata AutoComp, the Slovakian unit will continue to grow and make a positive impact on Slovakia’s and Europe’s automotive ecosystem. This development highlights the strong potential for deeper industrial cooperation between Slovakia and India. The integration supports long-term employment, ensures operational continuity in Slovakia, and creates new opportunities for innovation and sustainable growth.”
Commenting on this development, Ms. Apoorva Srivastava, Ambassador of India to Slovakia, said, “I am pleased to see IAC Slovakia, now Artifex Systems s.r.o, joining the Tata AutoComp group. I am confident that under Tata AutoComp’s stewardship, Artifex Systems will continue to grow and contribute significantly to Slovakia’s automotive industry. This development also underscores the strong potential for deeper industrial cooperation between India and Slovakia
Artifex, a part of Tata AutoComp Systems Limited, is a leading European supplier of advanced automotive interior and exterior systems. Operating across the UK, Sweden, and Slovakia, the company provides end-to-end solutions — from design and engineering to manufacturing and JIT/JIS delivery — for premium global OEMs.
With annual revenues of $1.3 billion and a workforce of 4,100 employees, Artifex offers a comprehensive portfolio including instrument panels, consoles, door trims, headliners, pillars, painted systems, and exterior trim components. Its capabilities span advanced moulding, lamination, leather wrapping, robotic painting, and high-precision assembly, delivering engineered, lightweight, premium-quality components for passenger and commercial vehicles.
