Fendt is a German manufacturer of agricultural tractors and machines, manufacturing and marketing a full line of
tractors, combine harvesters and balers. It is part of the AGCO Corporation. It was founded in 1930 by Xaver
Fendt Tractor and purchased by AGCO in 1997.
The first 6 HP Dieselross tractor was built in 1930 by the brothers Hermann (1911-1995) and Xaver Fendt (1907-1989) under the guidance of their father Johann Georg Fendt (1868-1933). In 1937, the two incorporated the company in the commercial register.
Fendt is considered a premium brand within the AGCO Group and, with a development budget of around € 62 million in 2013, is a global driver of innovation in the agricultural equipment industry. The product range includes tractors, forage harvesters, combine harvesters, rakes, tedders, mowers and balers.
The Fendt brand has the largest share in the tractor market of Europe. Fendt is the market leader in Germany with a share of 24.2 percent in 2018. With a total number of 17,837
tractors were sold alone in France, which until then the highest number in the company's history. In the annual image barometer published by the DLG, in which German contractors and farmers are surveyed about agricultural engineering companies, Fendt took first place in 2013 with 99.3 out of a possible 100 points. The company is a member of the VDMA , Department of Agricultural Engineering.