14.06
Valeo confirms the closing of the acquisition of Osram's stake in Valeo Sylvania
Paris, France, January 22, 2014 - According to the press release dated January 6, 2014, Valeo confirms the closing of the acquisition of Osram's 50% stake in Valeo Sylvania as of January 21. Valeo Sylvania now fully owned by Valeo.
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Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction. Valeo ranks among the world's top automotive suppliers. The Group has 124 plants, 20 research centers, 36 development centers, 12 distribution platforms and employs 75,300 people in 29 countries worldwide.
In 2012, Valeo generated revenue of €11.8 billion and invested €1 billion in research and development.
For more information about the Valeo Group and its businesses, please visit www.valeo.com.
For more information, please contact:
Media Relations
Phone: +33 (0)1 40 55 21 75 / 37 18
press-contact.mailbox@valeo.com
