Carraro S.p.A. manufactures and sells power transmission systems for tractors and off-highway vehicles in Italy, other European countries, North and South America, Asia, and other non-European countries. The company gears, axles, and transmissions systems for agricultural, construction, and automotive equipment; tractors; transmission/engine systems for the material handling industry; and high-precision gears and drive shafts for industrial plants, escalators, robotics, and wind turbines, as well as for the railway industry. It also provides engineering and after sales services; and original spare parts. The company was founded in 1932 and is headquartered in Campodarsego, Italy. As of June 21, 2021, Carraro S.p.A. was taken private.