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. FTE automotive is based in

Ebern Ebern () is a town in the Haßberge district of Bavaria, Germany. It is situated southwest of Coburg and northwest of Bamberg. Its population is about 8,000. Its mayor is Robert Herrmann. Ebern is about 1,000 years old and has an intact defen ...

Bavaria Bavaria ( ; ), officially the Free State of Bavaria (german: Freistaat Bayern, link=no ), is a state in the south-east of Germany. With an area of , Bavaria is the largest German state by land area, comprising roughly a fifth of the total lan ...

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

. On June 2, 2016,

Bain Capital Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry se ...

sold FTE Automotive to the French automotive supplier

Valeo Valeo is a French global automotive supplier headquartered in France, listed on the Paris Stock Exchange ( CAC-40 Index). It supplies a wide range of products to automakers and the aftermarket. The Group employs 113,600 people in 33 countries wo ...

for 819.3 million euros.

Production sites

* FTE automotive GmbH, Ebern, * FTE automotive Möve GmbH, Mühlhausen, * FTE automotive systems GmbH, Fischbach (Ebern), * FTE automotive (Taicang) Co., Ltd. * FTE automotive Czechia s.r.o., Podborany, * FTE automotive Slovakia s.r.o, Prešov, * FTE automotive USA Inc., Auburn Hills, * FTE Industria e Comercio Ltda, São Paulo, * FTE Mexicana S.A. de C.V, Puebla,

Joint Venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

: * APG-FTE automotive Co. Ltd., Hangzhou, * SFMC s.r.o., Prešov,

Products

The company produces a multitude of hydraulic brake and clutch components: * Brake boosters * Dual centric slave cylinders * Electric lube oil pumps * Gear actuator modules * Parking lock cylinders * Cooling oil valves * Brake caliper replacements * Brakes hoses * Electro-hydraulic actuators * Clutch master cylinders * Clutch slave cylinders * Clutch pipes *

Drum brake A drum brake is a brake that uses friction caused by a set of shoes or pads that press outward against a rotating cylinder-shaped part called a brake drum. The term ''drum brake'' usually means a brake in which shoes press on the inner surfac ...

s * Concentric slave cylinders The product portfolio included electrical sensors and accessories.

References

{{reflist Auto parts suppliers of Germany