Valeo was founded in Paris in 1923, as the Société Anonyme Française de Ferodo. It began by selling brake linings and clutch facings under license.
In the 1960s, the company began manufacturing its own automotive braking and thermal systems. It subsequently added lighting and electrical systems.
In 1980, the company was renamed Valeo, and it embarked on a programme of rapid international expansion.
Today Valeo is divided into four main business groups, dealing respectively with thermal systems, visibility systems, powertrain systems and “comfort and driving assistance” systems.
In 2015, Valeo’s sales topped €14.5 million. The company employs over 82,000 employees at 134 production facilities around the globe, and invests heavily in research and development. It’s a member of the CAC 40 share index.
In 2020, the Group generated sales of 16.4 billion euros and invested 12% of its original equipment sales in Research and Development. At December 31, 2020, Valeo had 187 plants, 20 research centers, 43 development centers and 15 distribution platforms, and employed 110,300 people in 33 countries worldwide.
Valeo Service supplies replacement parts to the aftermarket. Valeo Service is a trusted partner that supports the development of aftermarket businesses on the vehicle maintenance, crash and repair markets:
Valeo was founded in Paris in 1923, as the Société Anonyme Française de Ferodo. It began by selling brake linings and clutch facings under license.
In the 1960s, the company began manufacturing its own automotive braking and thermal systems. It subsequently added lighting and electrical systems.
In 1980, the company was renamed Valeo, and it embarked on a programme of rapid international expansion.
Today Valeo is divided into four main business groups, dealing respectively with thermal systems, visibility systems, powertrain systems and “comfort and driving assistance” systems.
In 2015, Valeo’s sales topped €14.5 million. The company employs over 82,000 employees at 134 production facilities around the globe, and invests heavily in research and development. It’s a member of the CAC 40 share index.
In 2020, the Group generated sales of 16.4 billion euros and invested 12% of its original equipment sales in Research and Development. At December 31, 2020, Valeo had 187 plants, 20 research centers, 43 development centers and 15 distribution platforms, and employed 110,300 people in 33 countries worldwide.
Valeo Service supplies replacement parts to the aftermarket. Valeo Service is a trusted partner that supports the development of aftermarket businesses on the vehicle maintenance, crash and repair markets: