Volvo BL60 Backhoe loader - features & benefits

1985 – VME

In the mid 1980's, the company had reached the top in market shares and sales volumes for its main products – wheel loaders and articulated haulers – in Europe. The company thus stood at a crossroad – either keep the current structure and slowly grow organically, or expand through a merger. The later would enhance economy of scale and allow a more rapid access to new international markets and product areas.

It was decided to merge Volvo BM AB and the US-based Clark Michigan Company. The new, jointly owned, company that was set up in 1985 was named VME Group.

The group now had production resources in Europe, the US, Canada and Brazil. It had strong product lines and covered virtually all major market areas of the world.