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Varity Corporation

$7.00

SKU: 5483
Product Details

 

Nicely engraved antique stock certificate from the Varity Corporation dating back to the 1980's. This document, which contains the printed signatures of the company Chairman and Secretary, was printed by the British American Bank Note Company and measures approximately 12" (w) by 8" (h).

 

The vignette features a trio of allegorical figures.

Images

You will receive the exact certificate pictured.

    Historical Context

    Varity was a farm equipment company, created in 1986 from the remains of Massey-Ferguson Limited of Toronto, Ontario. Varity also owned Perkins Engines headquartered in Peterborough England and Kelsey-Hayes headquartered in Romulus, Michigan. In 1991, the company officially moved to Buffalo (Williams-Butler House at 672 Delaware Avenue in the Millionaire Row area of Buffalo) and ceased to be a Canadian corporation.

    In 1994, in a deal worth three hundred and ten million dollars in cash and stock, the farm equipment divisions of Varity were sold to the US-based AGCO Corporation who continue to use Massey-Ferguson as a product line.

    In August 1996, the remaining electrical, brake and Diesel engine divisions of Varity merged with Birmingham UK based Lucas Industries plc (Automotive & Aerospace) to become British-based LucasVarity.

    In 1998, following the LucasVarity merger, Perkins Engines, was sold to Caterpillar Inc.

    In March 1999, LucasVarity was purchased by US automotive company TRW.

    Massey-Ferguson exists today as the brand name within the AGCO Corporation of Duluth, Georgia, USA.