Kverneland Group

Kverneland Group is an international agriculture equipment manufacturing company.[2] The company is known for developing, producing, and distributing agricultural machinery and services to the farming community. Kverneland Group is currently covering the areas of soil and seeding equipment, forage and bale equipment, spreading, spraying and electronic solutions for agricultural tractors and machinery.

Kverneland Group
TypeAksjeselskap
Founded1879 (1879) in Kvernaland
FounderOle Gabriel Kverneland
Number of locations
  • Factories in 8 countries
  • Sales offices in 17 countries
Key people
  • Kazunari Shimokawa (Group President & CEO)
Brands
  • Kverneland
  • Vicon
  • iM FARMING[1]
Number of employees
  • 2,482 (2018)
ParentKubota Corporation

Company history

Kverneland Group was established by Ole Gabriel Kverneland in 1879. It became a limited company in 1894 and by the 1920s it had become Norway's largest supplier of agricultural products, particularly in ploughs.[2] Kverneland remained a family-owned business until the company was listed on the Oslo Stock Exchange in 1983. Since the mid 1990s Kverneland Group has expanded through acquisitions of other manufacturers [3] of agricultural implements.

In 2010, Kverneland Group formed a long-term joint venture with Gallignani s.p.a. with a new range of round balers (fixed and variable chamber), wrappers and a new range of drum mowers. In 2011, Kverneland Group opened a new assembly plant in Daqing, China. In 2012, Kubota Corporation, acquired Kverneland Group. Kverneland Group was delisted from the Oslo Stock Exchange in May 2012.[4]

The company headquarters are located in Klepp, in the village of Kvernaland. Kverneland Group employs approximately 2,400 people worldwide,[5] most of them in Europe. Kverneland Group owns the implement brands Kverneland and Vicon.

Kverneland Group’s factories are located in Norway, Denmark, Germany, France, The Netherlands, Italy, Russia and China. The Group has own sales companies in 17 countries and exports to another 60 countries.[5]

References
  1. "About iM FARMING". Retrieved 12 August 2019.
  2. Kverneland ASA (in Norwegian) Store norske leksikon, retrieved 20 April 2013
  3. https://ien.kvernelandgroup.com/About-us/Kverneland-Group-in-Brief/History
  4. Odd Pihlstrøm: Kubota vil doble plogproduksjon på Jæren (in Norwegian) Stavanger Aftenblad, 29 June, 2012
  5. https://ien.kvernelandgroup.com/About-us/Kverneland-Group-in-Brief/About-us
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.