
VALEO

VALEO
Valeo is a supplier of auto parts and a partner of global auto manufacturers. As a high-tech company, Valeo develops innovative solutions for smart mobility, focusing on intuitive driving and carbon dioxide emission reduction technologies. In addition, Valeo also provides and distributes spare parts for automakers and independent aftermarket operators. The story of Valeo began in 1923. At first, Valeo was a workshop in Saint-Tuan, located outside Paris, France. More than 90 years later, Valeo has become a partner of major auto manufacturers, with business in 33 countries and a leading supplier of auto parts.
Led by the pioneers of the automotive industry, Eugène, Buisson, Société, Anonyme, Française, du, Ferodo (SAFF) began producing the first batch of friction materials made in France in a small workshop in the Paris region. In the early 20th century, SAFF became a major player in the automotive industry's transformation and already dominated the production market for brake pads and clutches before World War II. By the early 1950s, the number of employees increased to 2,500.
For automakers and auto suppliers, the thirty years after the war was a more dynamic period. In the early 1950s, SAFF had 2,500 employees, leveraging this boom to achieve a lot of innovation and expand its business to all types of automotive electrical equipment such as spark plugs, alternators and starters, as well as ignition, lighting and Wiper Systems—This strategy paid off quickly. After multiple acquisitions and leveraging its near monopoly position in the French automotive brake and clutch equipment supply market, Firodor opened a new challenge in the early 1960s: expanding to the international market.
With the advent of the 1980s, SAFF's influence has spread all over the world. The company, founded by Eugène, Buisson in 1923, has operated in 15 countries through more than 70 companies. As a result, there is a problem of concentrating various businesses of the entity under a single brand name. At the annual general meeting of shareholders held on May 28, 1980, the company adopted the name Valeo. From entering the Spanish market to its rise in Asia in the early 21st century, Valeo gradually established his international leadership in the rapidly changing automobile market.
Now Valeo is accelerating his progress to realize future mobile travel innovation. In early 2022, Valeo Group launched the Move, Up program led by Christophe, Périllat. This strategic plan spans from 2022 to 2025 and is part of the vision of achieving cleaner and safer mobility. To maintain sustained growth in the next few years, Valeo intends to rely on four key trends in the future automotive industry, namely the widespread use of electric vehicles, the rapid development of advanced driving assistance systems (ADAS), reshaping the in-cabin experience and all-area smart lighting.
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