Update regarding Veoneer's long-term ownership ,06/12/2023
Veoneer’s current owners, SSW Partners, and an investment fund managed by American Industrial Partners (“AIP”) today signed an agreement for the acquisition of Veoneer. AIP is a highly credentialed investment company, known for its focus on operational excellence through investments in market-leading industrial companies, many with a strong focus on the automotive sector.
Veoneer Active Safety separation ,01/06/2023
Information about the use of VSM for supplier delivering Veoneer's Active Safety / Magna.
On June 1st, 2023, Veoneer’s Active Safety was formally separated from Veoneer and sold to Magna International. As a result, Veoneer’s Active Safety business is now part of Magna Electronics.