The company was created in 1986 from the remains of Massey-Ferguson of Toronto, Ontario and moved to Buffalo (672 Delaware Avenue, Buffalo NY) in 1991 and ceased to be a Canadian corporation. In 1994 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, Buffalo-based Varity merged with Birmingham UK based Lucas Industries plc (Automotive & Aerospace) to become British-based LucasVarity. Subsequent history is covered under the LucasVarity page.