Paris Bourse
The "Société des Accumulateurs Fixes et de Traction (SAFT)" was founded in 1918, mainly by Victor Hérold, which since 1913 had been manufacturing batteries for the luggage carts that were used in railway stations and for the lighting of the locomotives from the Paris-Lyon-Marseille Company (PLM). In 1924, the company was partially listed on the Paris Bourse.