World Library  
Flag as Inappropriate
Email this Article


Article Id: WHEBN0008619496
Reproduction Date:

Title: Valeo  
Author: World Heritage Encyclopedia
Language: English
Subject: IKCO EF Engines, Gold Peak, CAC Next 20, Start-stop system, Elles Bougent
Publisher: World Heritage Encyclopedia


Valeo S.A.
Type Société Anonyme
Traded as Euronext: FR
Industry Automotive industry
Founded 1923
Headquarters Paris, France
Key people Jacques Aschenbroich (CEO), Pascal Colombani (Chairman)
Products Auto parts
Revenue € 12.1 billion (2013)[1]
Profit € 439 million (2013)[1]
Employees 74 800 (December 2013)[2]

Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving.


The Société Anonyme Française du Ferodo was founded in 1923 in Saint-Ouen, a suburb of Paris. It first distributed brake linings and clutch facings under license of Ferodo UK. The society engaged in a diversification in the 1960s by producing braking systems (1961), thermal systems (1962), and lighting systems (1970), and electrical systems (1978). In May 1980, the company was renamed Valeo, which means “I am well” in Latin.

Valeo then engaged in an aggressive strategy of expansion, through many international acquisitions. Today, Valeo is organised into four Business Groups. Recent acquisitions include the engine electronics division of Johnson Controls in France.

Valeo as a corporation, as well as its directors and its own corporate doctor, have been indicted after a decade-long penal procedure in 2006 for homicide, unintentional injury, and failure to assist a person in danger regarding a century-old scandal over asbestos where hundreds of employees have died. [3][4]

The Valeo Group set up high health-security standards since then and has been thoroughly monitoring employees and retired personnel. This policy has been ratified in a national agreement with the French government in April 2009. [5]


At the end of 2013, the Group Valeo is present in 29 countries, employs 74 800 people, at 124 production sites, 16 Research centers, 35 Development centers and 12 distribution platforms.[2]

The Valeo Group is organized into 4 Business Groups and 13 product families:[6]

  1. Thermal Systems:
  2. Powertrain Thermal Systems - TPT
  3. Front End Modules - TFE
  4. Compressors - TCP
  5. Climate Control Systems - TCC
  6. Visibility Systems:
  7. Lighting Systems - VLS
  8. Wipers Activity - VWA
  9. Powertrain Systems:
  10. Electrical Systems - PES
  11. Transmission Systems - PTR
  12. Electronics - PEL
  13. Combustion Engine - PCE
  14. Comfort and Driving Assistance Syst.
  15. Driving Assistance - CDV
  16. Interior Controls - CIC
  17. Interior Electronics - CIE
  18. Financial statistics

    Sales (millions)[7]
    • 2004: €9,229
    • 2005: €9,933
    • 2006: >€10,000
    • 2007: €9,689
    • 2008: €8,677
    • 2009: €7,499
    • 2010: €9,632
    • 2011: €10,868
    • 2012: €11,759
    • 2013: €12,110
    Breakdown of sales by Business Group
    • Powertrain Systems: 28%
    • Thermal Systems: 28%
    • Comfort and Driving Assistance Systems: 18%
    • Visibility Systems: 26%
    Operating margin (in % of sales)
    • 2007: 3.6%
    • 2008: 2.6%
    • 2009: 1.8%
    • 2010: 6.4%
    • 2011: 6.5%
    • 2012: 6.2%
    • 2013: 6.6%


    1. ^ a b Annual report 2011
    2. ^ a b Valeo global presence 2011
    3. ^ 31 janvier 2014 (2006-09-20). "Condé-sur-Noireau ravagé par un siècle d'amiante - Libération". Retrieved 2014-01-31. 
    4. ^ "Justice : Amiante: le médecin du travail mis en examen - L'EXPRESS". Retrieved 2014-01-31. 
    5. ^ [1]
    6. ^ [2]
    7. ^

    External links

    • Official website
    • Valeo Corporate History
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.