Automotive supplier FTE sold to Valeo

06.2016: Bain Capital Private Equity, announced to sell FTE automotive to Valeo, subject to customary regulatory and anti-trust approvals.  FTE automotive headquartered in Germany, develops, manufactures and sells a comprehensive portfolio of tailored and integrated hydraulic and electro-hydraulic systems for cars and commercial vehicles and reported appr. EUR 500 Million sales in 2015.