We introduce the new notion of convolution of a (smooth or generalized) valuation on a group $G$ and a valuation on a manifold $M$ acted upon by the group. In the case of a transitive group action, we prove that the spaces of smooth and generalized valuations on $M$ are modules over the algebra of compactly supported generalized valuations on $G$ satisfying some technical condition of tameness. The case of a vector space acting on itself is studied in detail. We prove explicit formulas in this case and show that the new convolution is an extension of the convolution on smooth translation invariant valuations introduced by J.~Fu and the second named author.
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