How it started
History
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 from Ferodo.
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 (1961), thermal systems (1962), lighting systems and electrical systems (1971-1978 and 1984).
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 (1974), the United States (1980), Tunisia (1984), South Korea and Turkey (1988), Mexico (1989), China (1994), India (1997), Central and Eastern Europe (Poland and the Czech Republic in 1995, Romania in 2002, Slovakia in 2004) and Egypt in 2005, to total 33 countries at the end 2018.
From Wikipedia’s article on Valeo, shared under CC BY-SA 4.0.2