# 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.

- Type: Acquisition
- Announced: 2022-07-04
- Where: France
- Status: completed
- Products: high-voltage electric powertrain systems, motors, inverters, onboard chargers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (target)
- [Valeo](https://endata.com/companies/655.md) (acquirer)
- [Valeo Siemens eAutomotive GmbH](https://endata.com/companies/20405.md) (target)

## Sources

- [valeo.com](https://www.valeo.com/en/valeo-integrates-100-of-valeo-siemens-eautomotives-share-capital-into-its-powertrain-systems-business-creating-an-electric-mobility-champion/), 2022-07-04: "Valeo acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on February 9."
- [autonews.com](https://www.autonews.com/suppliers/valeo-completes-acquisition-siemens-e-motor-jv/), 2022-07-05: "Valeo completes acquisition of Siemens e-motor JV"
- [automotiveworld.com](https://www.automotiveworld.com/news/valeo-integrates-100-of-valeo-siemens-eautomotives-share-capital-into-its-powertrain-systems-business-creating-an-electric-mobility-champion/), 2022-07-05: "Today, Valeo acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on February 9."

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