February 13, 2015
Valmet Automotive and RLE International strengthen their existing partnership
Valmet Automotive and RLE International, both leading service providers to the global automotive industry, have further strengthened their existing partnership to provide a flexible one stop solution.
This partnership with its global footprint and more than 1,500 engineers has the ability to provide a unique offering covering product development, simultaneous engineering, manufacturing engineering and manufacturing services.
As part of the agreement, Valmet Automotive will form a joint venture with RLE Global Operations Ltd, headquartered in the United Kingdom, by acquiring a minority stake in the company, and RLE International will incorporate Valmet Automotive China Inc. into their international operations.
"Partnership with RLE International is a strategic step for Valmet Automotive. The agreement with a world-class company consolidates our position as a leading engineering-driven automotive service provider", says Mr. Ilpo Korhonen, President, Valmet Automotive.
"The global approach of RLE International is one of our major USPs. The joint venture with Valmet Automotive and the extension of our business to China will complete our global activities and meet our customers' requirements", says Ralf Laufenberg, Chief Executive Officer, RLE International Group.
Valmet Automotive is an experienced provider of automotive engineering, vehicle manufacturing, convertible roof systems and related business services. Our special areas of expertise are premium cars, convertibles and electric vehicles. We employ 2,000 professionals in Finland, Germany and Poland.
RLE International is one of the world’s leading development, technology and consulting engineering service providers to the global automotive industry with locations in Germany, UK, Spain, USA, India and China.