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Private company

Valeo

Logo: Valeo, Public domain, via Wikimedia Commons4

French global automotive supplier

Valeo is a French global automotive supplier headquartered in France, listed on the Paris Stock Exchange (CAC Mid 60 Index). It supplies a wide range of products to automakers and the aftermarket. The Group employs 113,600 people in 29 countries worldwide.2 Its chief executive is Christophe Perillat (since 2022).1 Its revenue was €22 billion in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1923Founded1
  • Industryautomotive industry, holding company activities1
  • HeadquartersParis1
  • Founded inSaint-Ouen-sur-Seine1
  • Websitewww.valeo.com
  • Legal formsociété européenne1
  • Listed onEuronext Paris (FR)1
  • Slogan“Smart technology for smarter cars”1
  • LEI5493006IH2N2WMIBB7423
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address100 RUE DE COURCELLES, 75017 Paris, France3
  • Registered withNational Institute of Statistics and Economic Studies, 5520309673

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Valéo 05006
Photo: G.Garitan, CC BY-SA 4.0, via Wikimedia Commons6

Valeo is a French global automotive supplier headquartered in France, listed on the Paris Stock Exchange (CAC Mid 60 Index). It supplies a wide range of products to automakers and the aftermarket. The Group employs 113,600 people in 29 countries worldwide. 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

Corporate structure

Valeo sits at the top of its group. 23 entities, 12 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Valeo Paris, France
    • Marchal (business) Subsidiary · Neuilly-sur-Seine, France
    • Valeo (Czechia) Subsidiary · Prague, Czech Republic
    • Valeo (Germany) Subsidiary · Rüsselsheim am Main, Germany
    • Valeo (Ireland) Subsidiary · Tuam, Ireland
    • Valeo (Japan) Subsidiary · Kumagaya, Japan
      • VALEO BRAIN (THAILAND) LIMITED (บริษัท วาลีโอ เบรน (ประเทศไทย) จำกัด) Subsidiary · Phan Thong, Thailand
      • บริษัท วาลีโอ ออโตโมทิฟ (ประเทศไทย) จำกัด Subsidiary · ระยอง, Thailand
    • Valeo (South Korea) Subsidiary · Gyeongju, South Korea
    • Valeo (Spain) Subsidiary · Martos, Spain
    • COREVAL Subsidiary · 99% · Luxembourg, Luxembourg
    • บริษัท วาลีโอ สยาม เทอร์มอล ซิสเต็มส์ จำกัด Subsidiary · 75% · chon buri, Thailand
    • Valeo (Brazil) Subsidiary · Brazil
    • Valeo (United States) Subsidiary · United States
    • Valeo Climate Control Corp. Subsidiary · Auburn Hills, Michigan, United States
    • VALEO LIGHTING INJECTION SA Subsidiary · Giarmata, Romania
    • Valeo Lighting Systems North America, LLC Subsidiary · Seymour, Indiana, United States
    • Valeo North America, Inc. Subsidiary · Troy, Michigan, United States
      • Valeo North America, Inc. Master Pension Trust Fund · Troy, Michigan, United States
    • Valeo Radar Systems, Inc. Subsidiary · Troy, Michigan, United States
    • VALEO SISTEME TERMICE SRL Subsidiary · Mioveni, Romania
    • VALEO THERMAL SYSTEMS SALES (THAILAND) COMPANY LIMITED Subsidiary · Chonburi, Thailand
    • 市光工業株式会社 Subsidiary · 神奈川県 伊勢原市, Japan

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

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.

In 1932, the company began producing clutches. In the same year, it was listed on the Paris Stock Exchange.

In the 1950s, the company expanded outside the Paris area, opening new factories in France.

The firm produced braking systems (1961), thermal systems (1962), lighting systems and electrical systems (1971-1978 and 1984).

The 1960s saw the start of the company's international development, first in Europe, especially in Spain and Italy, and then all over the world: Brazil (1974), the United States (1980), Tunisia (1984), South Korea and Turkey (1988), Mexico (1989), China (1994), India (1997), Central and Eastern Europe (Poland and the Czech Republic in 1995, Romania in 2002, Slovakia in 2004) and Egypt in 2005, to total 33 countries at the end 2018.

In May 1980, the company was renamed Valeo, which means "I am well" in Latin.

Acquisitions include German automotive suppliers Peiker and Spheros in 2015, followed by FTE automotive in 2017.

In the early 2000s, Valeo produced parking assistance systems using ultrasonic sensors.

Read the full text

In 2017, Valeo presented its low-voltage prototype electric vehicle at the Consumer Electronics Show in Las Vegas.

In February 2021, Valeo announced that it will invest $5 million to open a new assembly plant in Bessemer, Alabama, which is expected to create 70 jobs.

From Wikipedia’s article on Valeo, shared under CC BY-SA 4.0.5

Leadership

Who has led Valeo, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jacques Vandier1928–1987
  2. Noël Goutard1987–2000
  3. André Navarri2000–2001
  4. Thierry Morin2001–2009
  5. Jacques Aschenbroich2009–2022
  6. Christophe Perillat2022–now
197019801990200020102020

Products and brands

  • automotive part

Listed on Wikidata.1

Four Business Groups

Valeo is structured around four business units:

Comfort & Driving Assistance Systems (advanced driver-assistance technologies)

Powertrain Systems (automotive powertrain components and vehicle electrification)

Thermal Systems (automotive engine cooling systems)

Read the full text

Visibility Systems (windshield wipers and automotive lighting)

Its Valeo Service activity supplies original equipment spares to automakers and replacement parts to the independent aftermarket.

International Business

Original equipment sales growth by destination region:

Europe and Africa: 46% of sales

Asia: 32% of sales

North America: 20% of sales

South America: 2% of sales

From Wikipedia’s article on Valeo, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. Succeeded Ferodo Limited1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Valeo revenue by year122.0B EUR in 2023+73% since 2014
010.0B EUR20.0B EUR30.0B EUR2014: 12.7B EUR12.7B EUR20142015: 14.5B EUR14.5B EUR2015+14%2016: 16.5B EUR16.5B EUR2016+14%2017: 18.6B EUR18.6B EUR2017+12%2018: 19.1B EUR19.1B EUR2018+3%2019: 19.5B EUR19.5B EUR2019+2%2020: 16.4B EUR16.4B EUR2020−16%2021: 17.3B EUR17.3B EUR2021+5%2022: 20.0B EUR20.0B EUR2022+16%2023: 22.0B EUR22.0B EUR2023+10%
  • 202322.0B EUR1
  • 202220.0B EUR1
  • 202117.3B EUR1
  • 202016.4B EUR1
  • 201919.5B EUR1
  • 201819.1B EUR1

Net income

Valeo net income by year1221.0M EUR in 2023−61% since 2014
-2.0B EUR-1.0B EUR01.0B EUR2014: 562.0M EUR562.0M EUR20142015: 729.0M EUR729.0M EUR2015+30%2016: 925.0M EUR925.0M EUR2016+27%2017: 886.0M EUR886.0M EUR2017−4%2018: 546.0M EUR546.0M EUR2018−38%2019: 313.0M EUR313.0M EUR2019−43%2020: -1.1B EUR-1.1B EUR20202021: 175.0M EUR175.0M EUR20212022: 230.0M EUR230.0M EUR2022+31%2023: 221.0M EUR221.0M EUR2023−4%
  • 2023221.0M EUR1
  • 2022230.0M EUR1
  • 2021175.0M EUR1
  • 2020-1.1B EUR1
  • 2019313.0M EUR1
  • 2018546.0M EUR1

Timeline

  1. 2022New chief executive Christophe Perillat becomes CEO1
  2. 2009New chief executive Jacques Aschenbroich becomes CEO1
  3. 2001New chief executive Thierry Morin becomes CEO1
  4. 2000New chief executive André Navarri becomes CEO1
  5. 1987New chief executive Noël Goutard becomes CEO1
  6. 1928New chief executive Jacques Vandier becomes CEO1
  7. 1923Founded Founded in Saint-Ouen-sur-Seine1

Sources

The numbers on this page point here. Each one links to the record it came from.

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