Our Story in Germany

1923
1932
1967
1972
1980
1987
1988
1994
1995
1996
1998
2000
2013
2016
2016
2017
2017
2017

1923

Ferodo is founded in Paris as the first exclusive supplier to the automotive and commercial vehicle industry.

1932

Ferodo produces complete clutch kits under the license of the German automotive supplier Fichtel & Sachs.

1967

Ferodo holds 29% of the share in LUK, a German clutch manufacturer for drive trains based in Bühl (it later increases its stake to 50%). This is its first direct entry to the market with production in Germany.

1972

Ferodo and Robert Bosch consolidate their electrical equipment under the umbrella of a holding company, Financière d'Equipments Automobile (FEA). Ferodo is the majority shareholder.

1980

At the Annual Shareholders' Meeting on May 28, 1980, the Ferodo shareholders decide to change the company's name to Valeo.

1987

Acquisition of Neiman (safety systems), through which Valeo also gains the wiper activities of the subsidiary Paul Journée.

1988

Expansion of the Safety Systems division through the acquisitions of Clausor, a licensed Neiman company in Spain, and the German company Tibbe KG, which is subsequently merged with the Neiman GmbH subsidiary.

1994

Acquisition of the German company Borg Instruments, a specialist in in-vehicle electronics.

1995

Valeo signs an agreement with Siemens AG on consolidating shared activities in HVAC. A new company named Valeo Climatisation is founded and goes on to take over the German company Thermal.

1996

Acquisition of the Locking Systems division of the German company Ymos AG, which specializes in vehicle locking and anti-theft products.

1998

Integration of the Electrical Systems segment of ITT Industries strengthens Valeo's leading position in wipers and parking assistance systems.

2000

Valeo integrates the cable business with the acquisition of the automobile segment of Labinal.

2013

Acquisition of Eltek Electric Vehicles headquartered in Frankfurt.

2016

Acquisition of peiker from Friedrichsdorf, Hesse, a specialist in in-vehicle communication. Find out more about the site here.

2016

Valeo takes over Spheros. Headquartered in the Bavarian town of Gilching, Spheros is a leading provider of heating and HVAC systems for trucks and buses.

2017

Valeo acquires gestigon. The Lübeck-based company is a global market leader when it comes to software solutions for gesture recognition and control systems. Find out more about the site here.

2017

Mov'InBlue merges with the start-up formerly known as Smexx. Smexx was located in Berlin and taken over by Valeo in 2017. Find out more about the site here.

2017

Valeo takes over FTE automotive. The market leader in the field of clutch and brake hydraulics, which has its headquarters in Ebern, Bavaria, and a number of other production sites in Germany, employs around 4,500 people worldwide. Find out more about the site here.