# Valeo completes acquisition of Siemens' stake in Valeo Siemens eAutomotive

Valeo has acquired Siemens' 50% stake in Valeo Siemens eAutomotive, a leader in high-voltage electrification, integrating it into its Powertrain Systems business. The transaction was announced in February 2022 and completed by September 2022.

- Type: Acquisition
- Announced: 2022-09-01
- Where: France
- Status: completed
- Products: 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) (partner)
- [Valeo](https://endata.com/companies/655.md) (acquirer)
- [Valeo Siemens eAutomotive GmbH](https://endata.com/companies/20405.md) (target)

## Sources

- [justauto.nridigital.com](https://justauto.nridigital.com/just_auto_magazine_sep22/deals_dynamics), 2024-06-29: "Valeo is accelerating in electrification, as announced at the presentation of our Move Up plan."

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