Valeo is a French multinational automotive supplier company headquartered in Paris, France. The company designs, manufactures and sells a wide range of components and systems for the automotive industry, including powertrain, lighting, thermal, and wiper systems. Valeo is one of the largest independent automotive suppliers in the world, and it operates in 32 countries with over 176 production sites, 60 R&D centers, and 15 distribution platforms. The company was founded in 1923, and it has been publicly traded on the Euronext Paris stock exchange since 1991.