The company was founded in 1947 by brothers and mechanical engineers Ferdinaldo and Carlo Venieri. Before starting the company they worked in a workshop to fix broken machines.
In 1948 they built their first machine, a caterpillar tractor.[1] Wheeled tractors began in 1953.[1] Engines were supplied by Guldner and Slanzi. From 1956 Perkins P4 diesel engines were used.