Valmet obtained Volvo BM tractor operations in 1979, developing Volvo BM Valmet tractor company.
Valmet acquires Volvo BM tractors
Valtra traces its starting place now not most effective to Valmet, but in addition Bolinder, Munktell and Volvo. Bolinder-Munktell merged with the Swedish corporation Volvo in 1950 to type BM Volvo (later Volvo BM, now Volvo development gear). In the late Nineteen Seventies Volvo BM decided to center of attention on development equipment and sell off its tractor and wooded area equipment business. Valmet was once already larger than Volvo BM in the tractor market and was once keen to speculate more in the business. Volvo BM and Valmet signed a letter of intent in November 1978, and the ultimate contract was signed on 1 October 1979.
Work on designing a brand new variety of tractors specified Volvo BM Valmet commenced already in January 1979. Scantrac AB, a joint venture between Volvo BM and Valmet, used to be accountable for engineering and advertising operations, as Volvo BM desired to transfer its revenue network and buyers to Valmet. Tractor creation at Volvo BM's manufacturing unit in Eskilstuna, Sweden, was once discontinued, and the manufacturing unit switched to manufacturing development equipment.
the primary Volvo BM Valmet items had been unveiled in Sweden in may 1982. Volvo furnished the cabs and transmission components to all 505–905 sequence tractors between 1982 and 1991. After taking on Volvo BM's tractor operations, Valmet became the most important tractor company in Northern Europe, having already been the market chief in Finland and some of the fashionable brands in Brazil.
Factories in Tanzania and Portugal and license manufacturing
In 1980 Valmet and the government of Tanzania established an meeting plant for tractors in Kibaha. The Trama organization used to be established within the spirit of development cooperation and was 80 percentage owned with the aid of the Tanzanian State Motor company, 10 percent via Valmet, and 10 percent with the aid of Finnfund. Between 1983 and 1989 the Tanzanian plant manufactured round 2000 Valmet 604 series tractors, with 10 to 12 percent of add-ons sourced locally.
assembly of Valmet 604 tractors in Kibaha, Tanzania manufacturing facility
Valmet has additionally had two factories in Portugal. Between 1964 and 1967, the FAP manufacturing facility produced round 700 Valmet 361 series tractors under license in Aveiro. In 1989, Valmet Tractor S.A. Was based in Portugal when it seemed likely the eu would restrict income of imported tractors through tariffs. The manufacturing facility in Montijo operated from 1990 to 1997, producing round 1300 tractors in complete. After Finland joined the eu the manufacturing unit was now not wanted. Between 1995 and 1997 the manufacturing facility in Montijo additionally produced tractors for the Austrian manufacturer Steyr.
Valtra tractors had been manufactured under license in India by means of Eicher Tractor, which produced the Valmet 365 model and 320D engine for a few years commencing in 1997. Furthermore, Hema endüstri/Hattat in Turkey has manufactured the Valtra A series beneath license for the local market for the reason that 2004. Hema/Hattat has additionally manufactured small A series items, offered underneath the Valtra manufacturer around the world.