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06.18.2013
Products and technology
Valeo and Osram agreed on reciprocal options allowing Valeo to eventually acquire 100% of their joint operations in North America
Paris, France – June 18, 2013 –Valeo SA and Osram GmbH have agreed on an option contract by which, if the reciprocal options are exercised by Osram or Valeo early 2014, Valeo would be committed to acquire Osram shares in the companies’ joint operations in North America (until then, Valeo and Osram will continue operating in North America under a 50%/50% joint venture).
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06.06.2013
Strategy & Results
Valeo: 2013 Annual Shareholders’ Meeting
Paris, France – June 6, 2013 – Valeo’s Annual Shareholders’ Meeting was held today under the chairmanship of Pascal Colombani, Chairman of the Board of Directors.
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05.24.2013
Strategy & Results
Closing of Access Mechanisms
Paris, May 24, 2013 - As announced yesterday, the sale to U-Shin by Valeo of its Access Mechanisms Business (save for its Indian portion) took place today.
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05.23.2013
Strategy & Results
Closing of Access Mechanisms
Valeo announces today that the sale to Japan-based U-Shin of its Access Mechanisms Business (save for its Indian portion to be closed as soon as the necessary procedures are completed) is scheduled to complete on May 24, 2013, with economic effect as of April 30, 2013, for an enterprise value of 203 million Euros.
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05.15.2013
Strategy & Results
Jean-François Tarabbia Joins Valeo as Senior Vice President, Research & Development and Product Marketing
Valeo has announced the appointment of Jean-François Tarabbia as Senior Vice President, Research & Development and Product Marketing.
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04.29.2013
Strategy & Results
Publication of the Meeting Notice for Valeo’s 2013 Annual General Shareholders’ Meeting
Valeo published today in the Official Journal of Legal Publications (Bulletin des Annonces Légales Obligatoires - BALO) the notice of the Annual Shareholders Meeting to be held on June 6, 2013 at 2:30 pm at the Palais des Congrès de Paris, 2 place de la Porte Maillot, 75017 Paris.
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04.24.2013
Strategy & Results
Valeo reports 1.1% growth in consolidated sales on a like-for-like basis for first-quarter 2013 despite a 9% drop in automotive production in Europe
Jacques Aschenbroich, Valeo's Chief Executive Officer, stated:
"Valeo's performance in the first quarter once again proved the strength of our strategy, which is based on innovations and the expansion of our business in Asia and emerging countries. On the back of the ramp-up of our projects and an excellent performance in China and North America, the Group reported 1.1% growth in like-for-like sales and outpaced the market in the main automotive production regions, offsetting particularly strong economic headwinds in Europe."Valeo reports 1.1% growth in consolidated sales on a like-for-like basis for first-quarter 2013 despite a 9% drop in automotive production in Europe (PDF 174.96kB) Presentation q1 2013 sales (PDF 644.29kB)
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04.20.2013
Products and technology
Valeo presents its latest innovations at Auto Shanghai 2013 in China
Shanghai, China, April 20, 2013 – With more than 700 patents filed in 2012, Valeo invests 10% of its original equipment revenue in Research and Development.
Valeo presents its latest innovations at Auto Shanghai 2013 in China (PDF 154.93kB)
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04.16.2013
Products and technology
Valeo’s Air Intake Module wins a PACE Award and a PACE Innovation Partnership Award at the 2013 Automotive News PACE Awards ceremony
Paris, April 16, 2013 – Valeo has won a 2013 Automotive News PACE (Premier Automotive Suppliers' Contribution to Excellence) Award for its Water Charged Air Cooled Air Intake Module featured on Volkswagen’s 4-cylinder 1.6 and 2.0 TDi engines.
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04.02.2013
Strategy & Results
Closing of Access Mechanism
For technical reasons the closing regarding Access Mechanism has not occurred as initially expected at end of March, but should take place within a short period of time.
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