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In 2012, SAME Deutz-Fahr sold 22 million shares, the majority of its holding in Deutz AG, to Volvo, making of it the largest shareholder at just over 25%. SAME Deutz-Fahr retained 8.4% equity in the company. [14] In 2017, Deutz acquired Torqeedo [15] GmbH, specialist for integrated electric and hybrid drives for boats. Volvo sold all of its ...
Maschinenfabrik Fahr (Fahr Machine Factory) was established by Johann Georg Fahr in Gottmadingen in 1870. One of its most important products was the self-binder, manufactured in 1911, while the first tractor, the Fahr F22, was built in 1938 from an idea of Wilfred Fahr and Bernhard Flerlage, and had a 22 hp (16 kW) Deutz F2M414 twin-cylinder diesel engine.
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