The origins of Volvo Penta can be traced back as far as 1868, when the foundry and mechanical workshop Skövde Gjuteri & Mekaniska Verkstad was founded. A somewhat humble beginning for a company that has become a world leader in diesel engines for marine and industrial use. A company renowned throughout the world for innovations such as Volvo Penta IPS propulsion and the Aquamatic Sterndrive.