 In 1992 Valmet became the sole owner, and the company was renamed Valmet Automotive in 1995.From 1999 to 2010, the sole owner was Metso, after which Finnish Industry Investment and Pontos Investments bought 34% of the company's shares.On November 4, 2010, Valmet Automotive bought Karmann’s roof-component sections in Osnabrück, Germany, and Zary, Poland.