Valeo is a French global automotive supplier headquartered in France, listed on the Paris Stock Exchange (CAC Next 20 Index). It supplies a wide range of products to automakers and the aftermarket. The Group employs 113,600 people in 29 countries worldwide.[1] It has 186 production plants, 66 R&D centers and 15 distribution platforms. In 2018, Valeo's sales rose 4% to €19.1 billion. It frequently ranks as France's leading patent filer.[2][3][4]
History
The Société Anonyme Française de Ferodo was founded in 1923 in Saint-Ouen, near Paris. It first distributed brake linings and clutch facings under license from Ferodo.[5]