TI Fluid Systems acquires Hungarian molding company Cascade Engineering Europe

Auburn Hills, MI – TI Fluid Systems completed the acquisition of Cascade Engineering Europe (CEE), a Hungarian-based leader in the design and manufacturing of thermal fluid connectors and other complex plastic injection molded components for the automotive industry.

Hans Dieltjens, President and CEO of TI Fluid Systems, said, “Our acquisition of CEE is tangible evidence that we are delivering on our electrification strategy and taking the turn. By integrating CEE’s operations and expertise into our global business, we are growing our market share in thermal fluid connectors for electric vehicles – a critical segment for us. I would like to extend a warm welcome to CEE’s staff, and we look forward to working alongside them as we continue to follow our growth strategy.”