Leyland DAF

Last updated

Leyland DAF
IndustryCommercial vehicles
Predecessor
FoundedFebruary 1987
Founder
DefunctFebruary 1993
Fate Administration
Successor
Headquarters Leyland, United Kingdom
Number of locations
ProductsTrucks and vans
Owner DAF NV

Leyland DAF was a commercial vehicle manufacturing company based in Leyland, United Kingdom, and a subsidiary of DAF NV. In February 1993, Leyland DAF was placed into receivership.

Contents

History

Leyland DAF was formed in February 1987, when the Leyland Trucks division, including the Freight Rover van making interests, of the British Rover Group merged with the Dutch DAF Trucks company to form DAF NV which was owned by DAF Beheer (60%) and Rover Group (40%). [1] [2]

In June 1989, it was floated on the Dutch and London Stock Exchanges. [3] [4] The new company traded as Leyland DAF in the United Kingdom, and as DAF elsewhere. The company manufactured trucks at its plants in Leyland, United Kingdom and Eindhoven, Netherlands, and vans at its Birmingham plant in the United Kingdom.

Following the insolvency of DAF NV in February 1993, Leyland DAF went into receivership. Four new companies emerged from it as management buyouts: [5]

Leyland Trucks and DAF Trucks (the Dutch successor to DAF NV) both later came back together as subsidiaries of the American truck giant Paccar. [7] [8] [9]

Despite the company ceasing trading in 1993 Leyland Daf marque remains on some existing trucks until 2002

In July 1994, Leyland Technical Centre, formerly part of the Leyland DAF global test operations, and located close to the Leyland Trucks site also emerged as a management buyout. In February 2005, the company was renamed MI Technology Group and in 2013, the CSA Group. [10] In June 2017, it was purchased by Spectris, owners of the Millbrook Proving Ground. [11] [12]

Vehicles

Leyland DAF 70 Leyland Daf mixer - Flickr - sludgegulper.jpg
Leyland DAF 70

Vans

Trucks

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References

  1. Leyland and Freight Rover go Durch Commercial Motor 28 February 1987
  2. Daf BV ahead at half time Commercial Motor 1 September 1988
  3. Daf shares offer Commercial Motor 20 April 1989
  4. DAF 6.75% PERP Guy Butler Limited
  5. Component and axle plants merge Commercial Motor 2 December 1993
  6. Leyland Trucks are back Commercial Motor 17 June 1993
  7. Paccar aims to cut queue Commercial Motor 7 May 1998
  8. Paccar acquires Leyland Trucks Automotive News Europe 11 May 1998
  9. 20 Years with Paccar Leyland Trucks 27 June 2018
  10. Revamped testing facility opens in Leyland Lancashire Evening Post 1 October 2015
  11. Millbrook acquires Leyland Technical Centre Coach & Bus Week 2 July 2017
  12. 2017 Half Year Results Spectris 25 July 2017