ICAP Group takeovers Valeo’s Ferentino, Italy site for electric minibus production
Valeo Group (Valeo) announced that ICAP Group would take over Ferentino Automotive Transition Srl, the Valeo company owning the Ferentino site. Valeo and ICAP Group signed a closing agreement for it.
ICAP Group’s subsidiary Tecnobus, an Italian manufacturer of electric-powered minibuses is already present in Frosin