Supplier Profile: Valeo
Focus remains on technological innovation and operational excellence
Just over a year since the collapse of Lehman Brothers and the advent of widespread government intervention in the banking and automotive sectors, developments at France’s leading supplier Valeo are attracting a lot of attention. This started with the French government’s Strategic Investment Fund (FSI) increasing its stake in the company to 8.33% in February 2009, and has made public its intention to buy more shares in future so that it could raise its holdings to 33% to gain a blocking majority.
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