We are pleased to announce that Artifex Interior Systems has entered into a conditional agreement to acquire 100% of the share capital of IAC Group (Slovakia) s.r.o (IAC Slovakia), subject to mandatory regulatory approvals being obtained. We expect to receive these approvals in the coming months.
This strategic move enhances our capabilities, marks the beginning of our European expansion, and supports our ambitious growth plans to become the valued partner of choice.
Commenting on the acquisition, Alan Fennelly, Chief Executive Officer of Artifex Interior Systems, said:
“We are excited to welcome IAC Slovakia into the Artifex family. This expansion is a pivotal step in our journeyto become the valued partner of choice. It strengthens our expertise in automotive interior systems, expands our capabilities, and opens the door to new partnerships and broader markets. I’m excited about what we’ll achieve together.”