Private company

Volvo Penta

Logo: ™/®AB Volvo, Public domain, via Wikimedia Commons3

Swedish engine manufacturing subsidiary

Volvo Penta is a Swedish marine and industrial engine manufacturer, a joint stock company within the Volvo Group. Volvo Penta evolved from a foundry in Skövde 1907, when the first marine engine, the B1, was manufactured. The name Penta was created about 1916.2 It is part of AB Volvo.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1957Founded1
Volvo Penta flagga
Photo: Holger.Ellgaard, CC BY-SA 3.0, via Wikimedia Commons5

Volvo Penta is a Swedish marine and industrial engine manufacturer, a joint stock company within the Volvo Group. Volvo Penta evolved from a foundry in Skövde 1907, when the first marine engine, the B1, was manufactured. The name Penta was created about 1916. The Penta company soon became an established internal combustion engine manufacturer, which in 1927 delivered the engine for Volvo's first passenger car.2

Corporate structure

Volvo Penta is part of a group headed by AB Volvo. 38 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • AB Volvo Göteborg, Sweden
    • Volvo Danmark Taastrup, Denmark
    • Volvo Penta Göteborg
    • Volvo Technology Transfer Gothenburg, Sweden
    • Volvo Treasury Göteborg, Sweden
      • VOLVO TREASURY ASIA LTD Subsidiary · Gothenburg, Sweden
    • Volvo Trucks Göteborg, Sweden
      • Mack Trucks Subsidiary · Allentown
      • VOLVO CE INDIA PRIVATE LIMITED Subsidiary · 99.67% · Bangalore, India
      • Volvo Truck Latvia Subsidiary · Latvia
    • Miriam Subsidiary
    • Nova Bus Subsidiary · Saint-Eustache
    • Prevost Car Subsidiary · Sainte-Claire
    • Renault Trucks Subsidiary · Lyon
      • Renault Bus Subsidiary
      • Usine Renault Trucks de Bourg-en-Bresse Subsidiary · Bourg-en-Bresse, France
    • UD Trucks Subsidiary · Ageo
    • Volvo (Germany) Subsidiary · Hamelin, Germany
    • Volvo (United States) Subsidiary · Greensboro, United States
    • Volvo Buses Subsidiary · Göteborg
    • Volvo Construction Equipment Subsidiary · Brussels metropolitan area
    • Volvo Powertrain Subsidiary · Skövde, Sweden
    • Volvo Trademark Holding Subsidiary · Gothenburg, Sweden
    • White Motor Company Subsidiary · Cleveland
    • VFS EQUIPMENT RECEIVABLES FINANCE LLC Subsidiary · Greensboro, North Carolina, United States
    • Volvo (Canada) Subsidiary · Canada
    • VOLVO FINANCIAL SERVICES (INDIA) PRIVATE LIMITED Subsidiary · Bangalore, India
    • Volvo Financial Services GmbH Subsidiary · Ismaning, Germany
    • VOLVO GROUP INDIA PRIVATE LIMITED Subsidiary · Bangalore, India
    • Volvo Group Insurance Forsakringsaktiebolag (Volvo Group Insurance Försäkringsaktiebolag) Subsidiary · Göteborg, Sweden
    • VOLVO HOLDING FRANCE Subsidiary · Saint-Priest, France
    • VOLVO TREASURY CANADA INC. Subsidiary · Mississauga, Ontario, Canada
    • and 2 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

In 1868, engineer Johan George Grönvall, also known as John G. Grönvall, founded a mechanical workshop and foundry in Skövde, Sweden. The company became limited in 1875, known as Sköfde Gjuteri och Mekaniska Verkstad or simply Gjuteriet. Products ranged from pots and vents to stoves and brewery equipment. Soon Gjuteriet also started manufacturing agricultural equipment and equipment for sawmills.

The company expanded heavily in the early 1900s, and started producing steam engines and water turbines for hydraulic power plants. In 1907, a very fruitful co-operation with the Stockholm-based engineering company Fritz Egnell began, with a one-cylinder 3 hp compression ignition engine. The engine was simply named B1 - but a five-man committee was set to find a name that would catch on. The committee failed to agree on a catchy name, but because it had five members, settled for Penta.

In 1916, Egnell bought the company and the name changed to AB Pentaverken. Production was concentrated on engines, mostly for maritime applications. The years immediately after World War I were economically harsh, but a new product was introduced: a small two cylinder U2 outboard engine designed by Carl-Axel Skärlund. The U2 was slightly improved in 1926, and renamed U21 and remained in production until 1962. The U2/U21 was a great success and exported worldwide. In many countries, U21 is still synonymous with outboard engine.

In 1925, Penta was approached by Assar Gabrielsson, the founder of Volvo, who needed an engine for the first Volvo automobile. Penta then designed the four cylinder 28 hp side valve Typ DA engine for the Volvo ÖV 4. In 1935, Penta became a subsidiary of Volvo.

From Wikipedia’s article on Volvo Penta, shared under CC BY-SA 4.0.4

Products and brands

  • marine propulsion

Listed on Wikidata.1

Marine engines and complete marine propulsion systems

Volvo Penta has introduced several industry-first innovations to the marine engine market, including the sterndrive unit, contra-rotating propellers Duoprop, and Forward Drive. In 2005, Volvo Penta launched the first IPS (Inboard Performance System) engine, a new "pod type" boat drive system with counter rotating forward-facing propellers operated by a joystick. Its engines are used by more than 140 boat manufacturers, including Tiara Yachts, Fairline Boats, Sunseeker, Riviera, Four Winns, Sea Ray, Hanse, Bavaria and Cranchi. In conjunction with Volvo owned CPAC Systems Archived 2022-12-29 at the Wayback Machine, Volvo Penta and Yamaha Motor signed an agreement involving technological partnership in December 2010. Volvo Penta have a strong presence in the Marine Commercial segment; many passenger ferries, workboats, Military vessels, dive support vessels and fishing vessels utilise Volvo Penta engines for propulsion, power generation or auxiliary equipment such as bow thrusters. Most recently, Volvo Penta has been the number one choice of propulsion and power generation for offshore wind farm vessels, a.k.a. Crew transfer vessel (CTV). Operators can appreciate the reliability and performance from Volvo Penta engines and IPS propulsion systems. With ever-demanding focus on reducing CO2 emissions, Volvo Penta have released to market a hybrid solution for utilising electric motors mated to IPS drives.

Industrial engines

The company sells its engines to a variety of users, including many generator manufacturers, such as Aggreko Sdmo, Genpower, Kohler and Shanghai Dingxin Electric Group. Its engines are also used in mining equipment and stone-crushing machinery.

Manufacturing bases

The company has a number of manufacturing bases for diesel engines at Vara, Sweden; Lingang, China; and Lexington, Tennessee, United States, for all gasoline engines and sterndrives. Volvo Penta operates worldwide and has around 4,000 dealers in 130 countries.

From Wikipedia’s article on Volvo Penta, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 1957Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5