Company type | Subsidiary |
---|---|
Industry | Automotive industry |
Founded | 1873 |
Founder | Pietro Laverda |
Headquarters | , |
Number of locations | 1 plant |
Area served | Worldwide |
Products | Combine harvesters |
Parent | AGCO |
Website | www |
Footnotes / references [1] |
Laverda is a manufacturer of combine harvesters and hay equipment, based in Breganze, Italy. It was founded in 1873 by Pietro Laverda to produce farming implements in the Province of Vicenza. 1956 was the year the first self-propelled Laverda combine, the M 60, was manufactured. Laverda formed a partnership with Fiat in 1981, and would be a part of that company for some 20 years.
The Morra family's holding company, ARGO SpA, bought Laverda in 2000 as Fiat was merging its New Holland Agriculture group with Case IH to form CNH Global. In 2007, ARGO sold 50% of the Laverda business to AGCO, the remaining 50% of the joint venture was eventually sold in 2011 and the Breganze plant became AGCO's European center of excellence for harvesting.[2]