Valtek

What Valtek does

SIA Valtek is a Latvian authorized dealer of premium international agricultural machinery brands, operating a nationwide distribution and after-sales service business from its headquarters in Brankas, Jelgavas novads. The company is the official Latvian representative for Fendt and Valtra (both AGCO brands), LEMKEN, McHale, and several specialty brands including ELHO, Kesla, KIVI PEKKA, Suokone (MERIPEAT), and FMG. Its product portfolio spans the full farm equipment value chain: compact to high-horsepower tractors (including Fendt's 200-1100 Vario series and Valtra's A through S series), combine harvesters (Fendt L, C, and Ideal series), soil cultivation equipment (LEMKEN plows, cultivators, disc harrows, seed drills), forage equipment (McHale balers and wrappers, Fendt mowers, tedders, rakes), self-propelled sprayers (Fendt Rogator 600), as well as specialty forestry trailers and loaders, municipal equipment, and peat extraction machinery.

The business operates through a directly-managed regional office network covering all four Latvian macro-regions, with dedicated sales managers assigned by territory and by brand (Fendt vs. Valtra), separate product group managers, a centralized spare parts warehouse, and a service engineering team distributed across eight physical locations. Technical service, warranty support, and genuine spare parts availability are positioned as core value drivers alongside the equipment itself. Distribution is exclusively direct via the owned regional offices; there is no third-party dealer channel.

Valtek's revenue model is built on three streams: new agricultural and specialty equipment sales (hardware revenue at OEM-set pricing, financed in part through manufacturer programs such as LEMKEN Finance), aftermarket spare parts sales, and recurring service and maintenance work. Customer segments span Latvian agricultural enterprises and private farmers (primary), as well as forestry operations, municipal services, and peat extraction enterprises (secondary). Marketing relies on a Latvian-language website, social media presence, and participation in sector events such as Traktordiena Tērvetē and Viļānu Lauku diena. The company is privately held with no disclosed institutional ownership, no parent entity, and no external funding rounds on record.

Name

Valtek

Legal name

SIA Valtek

Website

https://valtek.lv

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

SIA Valtek is a privately held Latvian authorized dealer for premium international agricultural machinery brands (Fendt, Valtra, LEMKEN, McHale, and others), selling new and used equipment, spare parts, and after-sales service to farmers, forestry operators, municipalities, and peat producers through eight regional offices across Latvia.

Ownership category

akta.pro rank

Product category

Agricultural Machinery

NAICS

Farm and Garden Machinery and Equipment Merchant Wholesalers (423820)

SIC

Farm Machinery & Equipment (3523), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Farm Machinery Parts, Service & Maintenance Equipment (Spare Parts, Diagnostics, Workshop Tools) (AFAAAAAH)

Keywords

• Agricultural machinery
• Farm equipment sales
• Tractor dealership
• Spare parts supply
• Agricultural machinery service

Headquarters

HQ city

Jelgava

HQ country

Latvia

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Agricultural Machinery Sales: New agricultural machinery sales including tractors, combines, forage equipment, soil cultivation implements, trailers, and municipal equipment from Fendt, Valtra, LEMKEN, McHale and other represented brands.
2. Spare Parts and Service: Spare parts sales and technical service/maintenance for all represented brands. Warehouse of spare parts maintained.
3. LEMKEN Finance Program: Factory financing program for LEMKEN equipment with 10% down payment, 48-month lease term, and annual principal payments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Valtek is an authorized multi-brand dealer in Latvia selling new agricultural machinery (tractors, combines, forage equipment, soil cultivation implements, sprayers, municipal equipment, forestry equipment, peat extraction machines) for brands including Fendt, Valtra, LEMKEN, McHale, ELHO, Kesla, KIVI PEKKA, Suokone, and FMG. The company also operates a spare parts warehouse and provides warranty service and technical maintenance for all represented brands, with regional offices across Latvia.

Product overview

Valtek is an authorized dealer (official representative) in Latvia for multiple international agricultural equipment brands. The company operates as a product distribution and service business offering a comprehensive portfolio of farm machinery. The main product lines include: Fendt tractors (200 Vario to 1100 Vario MT, including electric e100 Vario), Valtra tractors (A through S series), LEMKEN soil cultivation equipment (plows, discs, cultivators, seed drills), McHale forage equipment (balers, wrappers, bale handlers), and supplementary brands including ELHO mulchers, Kesla forestry equipment, Suokone peat extraction machinery, KIVI PEKKA stone pickers, and FMG municipal equipment. Valtek also provides full service, spare parts, and maintains warehouses for both new and used machinery. The company is headquartered in Brankas, Jelgava region, Latvia, with sales representatives covering all Latvian regions (Vidzeme, Zemgale, Kurzeme, Latgale).

Differentiator

Problem solved

Functional benefit

Products and services

• Fendt Tractors Fendt tractor product line distributed by Valtek in Latvia, spanning compact tractors to high-performance models up to 673 HP, including the e100 Vario (electric), 200-1000 Vario series, and 1100 MT tracked tractors. Supplied to Latvian farmers and agricultural enterprises as an authorized Fendt (AGCO) dealer.
• Valtra Tractors Valtra tractor product line from Finland distributed by Valtek in Latvia, including A, G, N, T, and Q series and the latest S series with up to 420 HP. Tractors feature SmartTouch control system and are supplied to Latvian farmers as an authorized Valtra (AGCO) dealer.
• LEMKEN Soil Cultivation Equipment LEMKEN soil cultivation equipment product line distributed by Valtek in Latvia, including plows (Juwel, Diamant), disc harrows (Heliodor, Rubin), cultivators (Karat, Kristall), hybrid cultivators (Koralin), seed drills (Solitair DT), and other implements. LEMKEN has over 240 years of history. Available with the LEMKEN Finance program (10% down payment, 48-month lease, 0% + 3M EURIBOR interest).
• McHale Forage Equipment McHale round balers (F5 series, Fusion combined baler-wrappers), bale wrappers (991, Orbital), bale handlers and cutters, and forage dividers from the Irish manufacturer. Distributed by Valtek in Latvia as an authorized McHale dealer for livestock and forage operations.
• Fendt Combines and Mowers Fendt harvesting equipment distributed by Valtek in Latvia, including the L series (L 5255, L 6275), C series and Corus 500 combines, Ideal series combines (Ideal 7, 8, 9), and Slicer disc mowers. Supplied to grain farms and contractors.
• Fendt Forage Preparation Equipment Fendt forage preparation equipment distributed by Valtek in Latvia, including Twister tedders, Former rakes (1-4 rotor), Rotana round balers, and Rollector bale wrappers. Used for livestock farming and hay/silage operations.
• Fendt Rogator 600 Self-Propelled Sprayers Fendt Rogator 600 self-propelled sprayers with tank capacity up to 6,000 liters and power up to 300 HP, designed for application of crop protection products. Distributed by Valtek in Latvia.
• ELHO Mulchers and Mowers ELHO mulching-type mowers and rotary mulchers from Finland, including SideChopper Pro, SideChopper Tornado, and SideChopper TPM models. Distributed by Valtek in Latvia for agricultural and municipal use.
• Kesla Forestry Equipment Kesla forestry equipment distributed by Valtek in Latvia, including loaders (202T-314 models), forestry trailers (104-144 series), wood chippers (C645, C860), and related equipment for timber harvesting and processing.
• Suokone Peat Extraction Equipment Suokone (MERIPEAT) peat extraction equipment from Finland, including milled peat and sod peat production machinery, recultivation milling machines, and related equipment. Distributed by Valtek in Latvia for energy and horticultural peat operations.
• KIVI PEKKA Stone Pickers KIVI PEKKA stone pickers from Finland, available in five working widths (3.3m-7m), capable of collecting stones up to 50cm in diameter with the Flex Drum attachment. Products sold in 43 countries. Distributed by Valtek in Latvia.
• FMG Municipal Equipment FMG snow clearance equipment (V-shaped and connected snow plows), sweeping equipment/brushes, and road graders from Finland. Distributed by Valtek in Latvia for municipal and road maintenance applications.
• Service and Spare Parts Technical service, maintenance, and spare parts supply for all represented brands by Valtek in Latvia. Includes a spare parts warehouse and regional service support across all Latvian offices.
• New and Used Machinery Warehouse Valtek offers new and used agricultural machinery sales through its warehouse, with used machinery listings also available via the Mascus webshop integration.

Quantifiable outcome

• 50,000th Fendt 900 Vario tractor produced - reflects brand reliability and longevity
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• Fendt (AGCO)coreChannel Partner/ Reseller/ DistributorAuthorized official Fendt dealer in Latvia representing the full range of Fendt tractors (200-1100 Vario series), combines (L, C, Ideal series), forage equipment (Rotana, Rogator, Slicer, Twister, Former), and implements. Fendt is an AGCO brand.
• Valtra (AGCO)coreChannel Partner/ Reseller/ DistributorAuthorized official Valtra dealer in Latvia representing A, G, N, T, Q, and S series tractors. Valtra is an AGCO brand celebrating 75th anniversary in 2026.
• LEMKENcoreChannel Partner/ Reseller/ DistributorOfficial LEMKEN representative in Latvia offering full range of soil cultivation equipment including plows (Juwel, Diamant), cultivators (Karat, Kristall, Koralin), disc harrows (Heliodor, Rubin), seed drills (Solitair DT), and other implements. LEMKEN has over 240 years of history.
• McHalecoreChannel Partner/ Reseller/ DistributorOfficial McHale dealer in Latvia for round balers (F5 series, Fusion 4), bale wrappers (991, Orbital), and bale handling equipment.
• ELHOminorChannel Partner/ Reseller/ DistributorOfficial ELHO representative in Latvia for mulchers including SideChopper Pro, SideChopper Tornado, and SideChopper TPM models.
• KeslaminorChannel Partner/ Reseller/ DistributorOfficial Kesla representative in Latvia for tractor attachments including trailers (104, 114, 124, 144, 12 series), loaders (202T, 203, 204T, 303, 305, 314), and wood chippers (C645, C860).
• KIVI PEKKAminorChannel Partner/ Reseller/ DistributorOfficial KIVI PEKKA representative in Latvia for stone pickers (3.3, 4, 5, 6, 7 models) used for removing stones from agricultural fields. Products sold in 43 countries.
• Suokone (MERIPEAT)minorChannel Partner/ Reseller/ DistributorOfficial Suokone MERIPEAT representative in Latvia for peat extraction equipment including milled peat and sod peat production machinery, and MeriCrusher land clearing equipment (MJ, MJS, MJH, MJFS models).
• FMGminorChannel Partner/ Reseller/ DistributorOfficial FMG representative in Latvia for municipal equipment including snow plows, street sweepers, and road graders.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Baltic Agro Machinery: Authorized AGCO dealer (Fendt, Valtra, Massey Ferguson) covering Estonia, Latvia and Lithuania. Direct peer given overlapping AGCO brand representation, similar customer base of farmers and contractors, and parallel service/parts model in the Baltic region.
• Dotnuva Baltic: Lithuanian-headquartered agricultural machinery dealer operating across the Baltic states, representing multiple international brands. Highly comparable to Valtek as a multi-brand farm equipment distributor with service and parts operations in the same regional market.
• Konekesko (KoneAgro): Finnish agricultural and forestry machinery dealer group distributing multiple premium brands. Comparable to Valtek as a multi-brand dealer with national coverage, after-sales service network, and farmer/contractor customer base.

Broad incumbents

• John Deere (Deere & Company): World's largest agricultural machinery manufacturer, selling through its own dealer network. Represents the most important competitive incumbent to Fendt/Valtra in the Latvian premium tractor segment.
• Lantmännen Maskin: Swedish agricultural machinery dealer network owned by the Lantmännen cooperative, distributing multiple tractor and implement brands. Comparable as a broad-incumbent dealer group with regional branches, service and parts infrastructure.
• CNH Industrial: Manufacturer of competing tractor and harvester brands (Case IH, New Holland, Steyr) distributed through its own dealer networks across Europe. Comparable as a competitor OEM whose dealer channel competes with Valtek's portfolio for Latvian farmer wallet share.
• AGCO Corporation: Global manufacturer of Fendt, Valtra, Massey Ferguson and other tractor/equipment brands. Relevant as the upstream OEM whose brands Valtek distributes, and whose dealer strategy directly governs Valtek's franchise rights and product pipeline.
• CLAAS: German manufacturer of combines, forage harvesters and tractors with its own European dealer network. Directly competes with the Fendt/Valtra/McHale lines Valtek distributes in the harvester and forage equipment categories.
• LEMKEN: German manufacturer of soil cultivation, seeding and crop care implements, of which Valtek is the Latvian representative. Comparable as both an OEM partner and an indirect competitor through its own direct dealer arrangements in adjacent markets.

Regional players

• Swedish Agro Machinery: Nordic agricultural machinery dealer representing AGCO brands (Fendt, Valtra, Massey Ferguson) across Sweden, Denmark and parts of the Baltic. Regional peer given shared AGCO franchise and similar dealership operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sia-valtek

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Valtek