Valeo announces the acquisition of a stake in Aledia
Paris, June 18th 2015 - Valeo announces today that it has purchased a 10.5% stake in Aledia, by subscribing to a portion of Aledia’s capital increase. Aledia is a technology startup dedicated to the development of cutting-edge LED technology for general and automotive lighting.
Valeo’s objective is to accelerate and expand in the medium term its offering of innovative interior and exterior automotive lighting solutions.
“We are convinced that Aledia’s 3D LED technology together with Valeo’s expertise in automotive lighting systems have the potential to put on the market a technological breakthrough in innovative lighting systems, perfectly in line with Valeo Lighting Systems mission to provide performance, style and contribute to the safety of road users,” said M. Martinelli, Visibility Systems Business Group President.
Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO? emissions, the improvement of vehicle performance and to the development of intuitive driving.
Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO? emissions and to the development of intuitive driving.
In 2014, the Group generated sales of 12.7 billion euros and invested over 10% of its original equipment sales in research and development. Valeo has 133 plants, 16 research centers, 34 development centers, 15 distribution platforms and employs 78,500 people in 29 countries worldwide.
Valeo is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
For more information about the Valeo Group and its activities, please visit our website www.valeo.com
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Valeo Media Relations
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