Waeles SA manufactures motor vehicle components through its four main divisions: ferrous metal, vehicle components and related products, aluminium alloy & automotive stamping division. The product range includes braking systems, gear-boxes, suspension elements and car body parts as well as hydraulic pumps and related components. The company is based primarily in France with three subsidiaries in the Netherlands. Vehicle components and related products accounted for 48% of 1999 revenues; ferrous metal and steel parts, 33% and aluminium alloys, 19%.