Valeo

History

Year	Detail
1923	The company was founded.
1932	The company acquired Fichtel and Sachs.
1980	The company adopted the name Valeo.
1984	Valeo acquired Ducellier.
1987	Valeo acquired Neiman.
1994	Valeo started operations in China.
1998	Valeo acquired ITT Electrical Systems.
2017	Valeo inaugurated valeo.ai, a global artificial intelligence research center for automotive applications.
2023	Valeo partnered with Mobileye for imaging radars.
2024	Valeo opened a new plant in Daegu (Korea) for the production of Advanced Driver Assistance Systems.

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