# Valeo Amiens secures €1 billion contract with Mercedes for hybrid clutches

Valeo's Amiens plant secured a 10-year contract with Mercedes (Daimler) to manufacture triple wet clutches for hybrid vehicles, with production starting in 2023. The contract is estimated at €1 billion in revenue over ten years.

- Type: Contract
- Announced: 2020-12-22
- Where: Amiens, Hauts-de-France, France
- Value: $1.22B (1.00B EUR)
- Status: announced
- Products: triple wet clutch
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Valeo](https://endata.com/companies/655.md) (supplier)
- [Daimler](https://endata.com/companies/3543.md) (customer)

## Sources

- [usinenouvelle.com](https://www.usinenouvelle.com/article/un-contrat-historique-pour-l-usine-valeo-d-amiens.N1043004), 2020-12-22: "C'est une formidable nouvelle pour le site amiénois de Valéo qui décroche un contrat déterminant pour que l'entreprise puisse être au rendez-vous de l'évolution inéluctable des moteurs thermiques vers les électriques et hybrides"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.