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The Société Anonyme Française de Ferodo was founded in 1923 in Saint-Ouen, near Paris. It first distributed brake linings and clutch facings under license of Ferodo Ltd UK.In 1932, the company began producing clutches. In the same year, it was listed on the Paris Stock Exchange.In the 1950s, the company expanded outside the Paris area, opening new factories in France.
The firm produced braking systems , thermal systems , lighting systems and electrical systems .The 1960s saw the start of the company's international development, first in Europe, especially in Spain and Italy, and then all over the world: Brazil , the United States , Tunisia , South Korea and Turkey , Mexico , China , India , Eastern Europe to total 33 countries at the end 2018.
In May 1980, the company was renamed Valeo, which means "I am well" in Latin.Acquisitions include German automotive suppliers Peiker and Spheros in 2015, followed by FTE automotive in 2017.
In the early 2000s, Valeo produced parking assistance systems using ultrasonic sensors.In 2017, Valeo presented its low-voltage prototype electric vehicle at the Consumer Electronics Show in Las Vegas.In February 2021, Valeo announced that it will invest $5 million to open a new assembly plant in Jefferson County in the city of Bessemer, Alabama expected to create 70 jobs.
