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 automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, selling, Maintenance, repairing, and Custom car, modification of motor ve ...

. 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#Germany, town in the Haßberge (district), 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 ...

Bavaria Bavaria, officially the Free State of Bavaria, is a States of Germany, state in the southeast of Germany. With an area of , it is the list of German states by area, largest German state by land area, comprising approximately 1/5 of the total l ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. On June 2, 2016,

Bain Capital Bain Capital, LP is an American Investment company, private investment firm based in Boston, Massachusetts, Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, p ...

sold FTE Automotive, which it had acquired in May 2013, to the French automotive supplier

Valeo Valeo is a French global automotive supplier headquartered in France, listed on the Paris Stock Exchange ( CAC Next 20 Index). It supplies a wide range of products to automakers and the aftermarket. The Group employs 113,600 people in 29 countri ...

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 acce ...

: * 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 Brake shoe, shoes or Brake pad, pads that press outward against a rotating bowl-shaped part called a brake drum. The term ''drum brake'' usually means a brake in which shoes press o ...

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

References

{{reflist Auto parts suppliers of Germany Bain Capital companies