FTE Automotive - Ownership and Business Overview

AutomotiveCompany

FTE Automotive Ownership

Who owns FTE Automotive?

FTE Automotive is owned by Valeo SE. It was acquired on June 2, 2016.

Was FTE Automotive formerly PE-backed?

Yes. FTE Automotive was formerly owned by 3 private investors.

FTE Automotive Business Overview

Where is FTE Automotive headquartered?

FTE Automotive is headquartered in Ebern, Germany.

How many employees does FTE Automotive have?

FTE Automotive has 3,700 employees.

What sector is FTE Automotive in?

FTE Automotive is an automotive company.

When was FTE Automotive founded?

FTE Automotive was founded in 1940.

Automotive M&A Summary in 2016

Out of 60 sectors in the Mergr database, automotive ranked 20 in number of deals in 2016. The largest automotive acquisition in 2016 was Metaldyne Performance Group - which was acquired by American Axle & Manufacturing for $3.3B.

Join Mergr to view all 172 acquisitions of automotive companies in 2016, including 31 acquisitions by private equity firms, and 141 by strategics.

FTE Automotive GmbH

Postfach 1180, D-96 104 boars, Andreas-Humann-Str ,
Ebern, D-96106
Germany,
+49-9531-81-0
www.fte.de

FTE automotive, headquartered in Germany, is a producer of clutch and gear actuators. Its product portfolio and customer base are highly complementary to Valeo’s. The company has 3,700 employees and a diversified industrial footprint in eight countries, including Germany, the Czech Republic, Slovakia, Mexico and China.


Company Summary

SECTOR

Automotive

Revenue

430   2012
(millions of EUR)

Employees

3,700

Established

1940

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