Founded | 1980 |
---|---|
Founder(s) | Valerio Morra |
Headquarters | San Martino in Rio, Italy |
Products | agriculture machinery |
Website | http://www.argospa.com/ |
ARGO SpA is a family-owned Italian holding company owned by the Morra family that manufactures agricultural equipment predominantly in Italy.
History and Growth[]
It was founded by Valerio Morra in 1980 with his purchase of MBS Spa. In 1987, ARGO purchased Pegoraro Spa of Vicenza. Sixty-six percent of Landini was purchased in 1989 from Massey Ferguson, with additional shares purchased in 1994. In 1995, the tractor business was expanded with the purchase of Valpadana Spa, followed by S.E.P. Spa and Laverda in 2000 from Fiat (CNH Global). S.E.P. manufactures small, speciality tractors and equipment, while Laverda manufactures combines and hay-equipment. The remaining 9% of Landini that was not owned by AGCO was purchased by ARGO in 2000. 2001 saw further growth with the purchase of the McCormick name and tractor factory in Doncaster, England, after the merger of Case IH and Fiat's New Holland Ag into CNH Global. The regulatory bodies reviewing the merger required some factories to be sold, which included Laverda from Fiat, and McCormick Tractors from Case IH. [1] 2007 saw ARGO selling 50% of Laverda to AGCO, with the remaining 50% sold to AGCO in 2010.[2]
Brands[]
ARGO manufactures or distributes the following brands of primarily agricultural equipment:
- Landini
- McCormick
- Valpadana
- S.E.P.
- Fella-Werke
- Pegoraro
UK Preservation Info.[]
As this is a modern company formed from consolidation in the tractor manufacturing sector, the current tractors are not desirable to collectors. But the Brands that have been merged into ARGO are, and the individual brands should be consulted for the information on them of any tractors preserved & company time line histories.
See also[]
- List of Tractor Manufacturers
- List of Groups or Holding companies
- AGCO - former owner of companies owned by ARGO
- CNH Global - Former owner of McCormick Tractors
References / sources[]
Wikipedia for initial article to build on and cross reference the multiple links to ARGO in articles
External links[]
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This page uses some content from Wikipedia. The original article was at ARGO. The list of authors can be seen in the page history. As with Tractor & Construction Plant Wiki, the text of Wikipedia is available under the Creative Commons by Attribution License and/or GNU Free Documentation License. Please check page history for when the original article was copied to Wikia |