Valeo SA - ADR operates in the Motor vehicle parts and accessories sector. Valeo SA is a France-based industrial company focused on the design, production and sale of components, integrated systems and modules for the automotive industry. The Company has 16 product groups supplying the original equipment market and the aftermarket, regrouped into four Business Groups: Comfort and Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems. For replacement parts and services, Valeo SA supplies the original equipment spares (OES) and independent aftermarket (IAM) through its dedicated Valeo Service organization, which cooperates with the Business Groups. As of June 30, 2011, the Company operated 124 production sites, 21 research centers, 39 development centers & 10 distribution platforms. The Company operates various subsidiaries, including Valeo Service Deutschland GmbH and Valeo Climate Control De Mexico SA de CV, among others. On January 3, 2012, it acquired an 80% shareholding in Ruby (a lighting specialist) from Chery Technology.