Valeo Ranks As France’s Leading Patent Filer
Valeo had 994 patents published in 2016. The company says its move up the industrial property institute rankings illustrates the importance of innovation in the group’s strategy, particularly in its drive to reduce CO2 emissions and develop intuitive driving.
Valeo Certified ‘Global Top Employer’ For 3rd Year Running
To support its fast-paced growth, the group says it intends to continue its assertive recruitment drive and hire an average 10,000 people each year over the next five years.
Valeo Acquires gestigon, A Developer Of Cabin 3-D Image Processing Software
Valeo said this strategic investment is intended to reinforce its technological leadership in automated driving. The acquisition provides a solution to the need to develop simple, intuitive and effective human-machine interfaces in a hyper-connected world.
Valeo, Siemens Joint Venture For High-Voltage Powertrains Begins Operations
Valeo and Siemens have announced the closing of their joint venture dedicated to high-voltage powertrains. The joint venture is named Valeo Siemens eAutomotive GmbH and begins operations immediately.
Valeo Acquires A 50 Percent Stake In CloudMade
The purpose is to improve and personalize vehicle comfort and safety for motorists and their passengers through CloudMade’s suite of products.
Valeo Appoints Chief Technical Officer For North America
Valeo has announced the appointment of James Schwyn as chief technical officer – North America, effective immediately.
Valeo OE Parking Sensors Now Available In The Aftermarket
This release features 11 OE sensors offering coverage for more than 3 million vehicles on the road today.
Valeo Signs Agreement To Acquire German FTE Automotive
Valeo has signed an agreement with Bain Capital Private Equity, owner of FTE automotive, to purchase 100 percent of FTE automotive for a purchase price corresponding to € 819.3 million (approximately $931 million USD), representing an estimated EBITA multiple of 8 times for 2016.
Valeo Releases 121 Compressors To The Aftermarket
The release boosts Valeo’s Nissan compressor U.S. market coverage to 89 percent, or 7 million vehicles on the road today.
Valeo Announces 50/50 Joint Venture Agreement Project With Siemens
The joint venture will capitalize on Valeo’s and Siemens’ leading positions in their respective sectors, with the ultimate goal of creating a global leader in the fast-growing market of automotive electrification.
