Fiat has secured an exit from its SevelNord joint venture with PSA Peugeot Citroen.
The shared commercial vehicle plant in northern France will transfer to full Peugeot ownership at the end of the year.
However it will continue to make vans for both companies until new emissions standards come into place at the end of 2016.
It assembles the Peugeot Expert, Citroen Dispatch and Fiat's version, the Scudo.
PSA earlier this week sealed a deal to supply Toyota with vans for sale in Europe.
It will also work with the Japanese manufacturer jointly on a new generation of LCVs.