Pietro Magni began as a tractor repair mechanic and farm cart builder and later went on to manufacture tower cranes for the construction industry. In 1972, he founded FARGH SpA with his children Riccardo, Giorgio and Franco, a company that designs and manufactures hydraulic cranes.
In 1980, FARGH designed and built the first telescopic handler in Europe, the FARGH 4000 FS, with a patented boom.
Riccardo Magni succeeded his father in 1981 and, based on the first prototype, created the FARGH 5000 RT and FARGH 3000 RT. These models were extremely innovative at the time and formed the basis for a joint venture with a group that has been one of the global industry’s leading figures for over 27 years. The partnership came to an end in May 2009. Throughout that long period, Riccardo Magni made significant contributions to the technical and economic development of the Italian branch in his role as its CEO. He personally filed over 40 national and international patents, all for rotating and fixed telescopic handlers, for which he was the registered inventor. The patents remained the property of the multinational. In the latter half of 2012, Riccardo Magni – bolstered by 30 years of experience with rotating, fixed and heavy-duty telescopic handlers – decided that the market was in need of a significant technological improvement in order to meet the increased safety standards and improved services stipulated by new regulations and international clients.
Driven by this conviction and his ideas, Riccardo Magni founded Magni Telescopic Handlers in 2013 with his children Carlo, Eugenio, Carlotta and Chiara. Magni’s experience and entrepreneurship, his constant contact with clients and his personal acquaintance with the dealers and repair mechanics created a force that have propelled this new ‘Made in Italy’ initiative to great heights.