FTE automotive
From Wikipedia, the free encyclopedia
 | |
| Company type | GmbH |
|---|---|
| Industry | Automotive |
| Founded | 1943 |
| Headquarters | |
Key people | CEO: Andreas Thumm[1] |
| Revenue | 430 Mio. EUR (2014) |
Number of employees | 3,800 (worldwide) |
| Website | www.fte-automotive.com |
The FTE automotive Group is a German automotive manufacturing company specialized in the sector of drive train and brake system applications for the automotive industry. The company supplies all notable automobile manufacturers and employs over 3800 employees at 11 production sites around the world.[2] FTE automotive is based in Ebern, Bavaria, Germany. On June 2, 2016, Bain Capital sold FTE Automotive, which it had acquired in May 2013,[3] to the French automotive supplier Valeo for 819.3 million euros.[4]
