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.