Valmet Logo Valmet Automotive is a service provider for the automotive industry. The company offers services in automotive engineering, vehicle manufacturing, convertible roof systems and related consulting services.
Valmet Automotive’s focus areas of expertise are premium cars, convertibles and electric vehicles. The company has over 4,000 employees in Finland, Germany, Poland and Spain. The headquarters are located in Uusikaupunki, Finland. The majority of the company is owned by Pontos Group and Finnish government-owned holding company Tesi. A minority shareholder is the market-leading EV battery manufacturer CATL.
In manufacturing, Valmet Automotive’s customer references include Mercedes-Benz, Porsche, Saab, Opel and Fisker.Valmet Automotive has had electric vehicles in series production from 2009 until 2011 and again since 2017.
In 2012 Marussia Motors and Valmet Automotive announced an engineering and manufacturing agreement on B2 sports cars.
In July 2012, Daimler AG and Valmet Automotive announced a manufacturing agreement for over 100,000 Mercedes-Benz A-Class vehicles at the Uusikaupunki, Finland, plant. Production began in August 2013. A contract for the production of Mercedes-Benz GLC SUV was announced in November 2015. Manufacturing preparations involved plant restructuring worth tens of millions of euros and the hiring of around 2000 more personnel. The GLC production started in February 2017.In March 2017, Valmet Automotive announced the manufacturing contract with Daimler AG for the next generation Mercedes-Benz compact cars
In engineering, Valmet Automotive offers components and complete vehicle projects. The focus areas are electric mobility solutions and manufacturing engineering.
The roof systems business line’s customer references include Mercedes-Benz, BMW, Mini, Renault and Bentley. The manufacturing plants are located in Osnabrück, Germany, and Zary, Poland.
Saab-Valmet was established in 1968 as a joint venture of Finnish Valmet and Swedish Saab-Scania. The automotive plant was placed in Uusikaupunki, Finland. In 1992 Valmet became the sole owner, and the company was renamed Valmet Automotive in 1995. From 1999 to 2010, the sole owner was Metso, after which Finnish Industry Investment and Pontos Investments bought 34% of the company's shares. On November 4, 2010 Valmet Automotive bought Karmann´s roof-component sections in Osnabrück, Germany and Zary, Poland.The acquisition made Valmet Automotive one of the three biggest roof system manufacturers in the world. In January 2017, CATL became a 22 % minority stakeholder in the company, the other shareholders being Pontos and Tesi (Finnish Industry Investment). Soon thereafter, in March 2017, Valmet Automotive concluded the acquisition of Semcon's automotive engineering services in Germany and Spain, increasing the number of VA engineers to over 1000.
Source : wikipedia