Volvo

In 1943, Volvo initiated its foray into the agricultural machinery sector through a collaboration with Bolinder-Munktell, a prominent Swedish tractor builder. The designs emerging from both companies exhibited substantial similarities, leading Volvo to fully acquire Bolinder-Munktell in 1950. Though maintained as distinct entities for a time, both brands were unified in 1957 under the combined banner of Bolinder-Munktell-Volvo. Reflecting the growing strength of the Volvo name, the branding shifted once more in 1973 to Volvo BM. A further partnership was forged with Valmet in 1978, culminating in the complete divestment of Volvo’s tractor holdings to Valmet – presently known as Valtra – in 1985.