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2025'03.15.Sat

[PR]

[PR]上記の広告は3ヶ月以上新規記事投稿のないブログに表示されています。新しい記事を書く事で広告が消えます。

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2007'02.11.Sun

Valeo Signs Contract With Nidec for the Sale of Its Electric Motors & Actuators Activity

November 16, 2006

    PARIS, Nov. 16 /Xinhua-PRNewswire/ -- Valeo today
announced the signature of a contract for the sale of its
Electric Motors & Actuators activity to the Japanese
group Nidec for an enterprise value of 165 million euros.
In 2005 this activity generated total sales of 253 million
euros and an operating income of 9 million euros. The
transaction should be closed by December 31, 2006.

    The sale of the Electric Motors & Actuators
activity is in line with Valeo's strategy to focus its
offer on solutions in the Domains of Driving Assistance,
Powertrain Efficiency and Comfort Enhancement.
    
    This sale will allow the activity to develop as a key
part of the growth strategy of Nidec, a leading global
industrial company specialized in high range electric
motors.  Nidec has sales of over 4 billion euros with 19
manufacturing sites primarily in Asia.

    Valeo is an independent industrial Group fully focused
on the design, production and sale of components,
integrated systems and modules for cars and trucks. Valeo
ranks among the world's top automotive suppliers and
employs 73,800 people in 133 plants, 71 R&D centers and
9 distribution centers in 29 countries. 

    For more information, please contact:

     Alexandre Telinge
     Group Media Relations & PR Manager 
     Tel:  +1-40-55-20-74
    
     Matthieu de Crevoisier
     Group Media Relations Coordinator
     Tel:  +1-40-55-37-68

SOURCE  Valeo Management Services

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