Jul 4, 2022ACQUISITIONFrance Valeo acquires Siemens' 50% stake in Valeo Siemens eAutomotive
Valeo acquired Siemens' 50% stake in Valeo Siemens eAutomotive, making it a wholly owned subsidiary integrated into Valeo's Powertrain Systems business, strengthening its position in electric mobility.
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“Valeo acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on February 9.”valeo.com
- 3 sources
- valeo.comValeo integates 100% of Valeo Siemens eAutomotivecvialeJul 4, 2022
- autonews.comValeo completes acquisition of Siemens e-motor JV - Automotive NewsPeter SigalJul 5, 2022
- automotiveworld.comValeo integrates 100% of Valeo Siemens eAutomotive’s share capital into its Powertrain Systems business, creating an electric mobility champion | Automotive WorldJul 5, 2022
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