Leyland DAF
Encyclopedia
Leyland DAF was a commercial vehicle
manufacturing company based in the United Kingdom
, and a division of DAF NV
. In 1993 DAF NV became insolvent and Leyland DAF went into receivership
.
, including the Freight Rover
van making interests, of the British Rover Group merged with the Dutch DAF Trucks
company. The new company, DAF NV, was jointly owned by DAF Beheer BV (60%) and Rover Group (40%). Later the company was floated on the Dutch stock exchange. The new company traded as Leyland DAF in the UK, and as DAF elsewhere.
The company manufactured trucks at its plants in Leyland, UK and Eindhoven, the Netherlands, and vans at its Birmingham, UK plant.
Following the insolvency of DAF NV in 1993 four new companies emerged as management buyout
s:
The latter two would both become part of the American truck giant Paccar
.
In 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 2005 the company was renamed mi-Technology Group Ltd.
Commercial vehicle
A commercial vehicle is a type of motor vehicle that may be used for transporting goods or passengers. The European Union defines "commercial motor vehicle" as any motorised road vehicle, which by its type of construction and equipment is designed for, and capable of transporting, whether for...
manufacturing company based in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, and a division of DAF NV
DAF NV
DAF NV was a commercial vehicle manufacturing company based in the Netherlands and the United Kingdom. In 1993 DAF NV became insolvent.-History:...
. In 1993 DAF NV became insolvent and Leyland DAF went into receivership
Receivership
In law, receivership is the situation in which an institution or enterprise is being held by a receiver, a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights." The receivership remedy is an equitable remedy that emerged in...
.
History
The company was formed in 1987 when the Leyland Trucks divisionLeyland Motors Ltd
Leyland Motors Limited was a British vehicle manufacturer of lorries, buses and trolleybuses. It gave its name to the British Leyland Motor Corporation formed when it merged with British Motor Holdings, later to become British Leyland after being nationalised...
, including the Freight Rover
Freight Rover
Freight Rover was a British commercial vehicle manufacturer based in Birmingham, England, United Kingdom.-History:The company was created as a division of the Land Rover Group of British Leyland in 1981, creating a new single brand for BL's panel van business.Under later company organisation...
van making interests, of the British Rover Group merged with the Dutch DAF Trucks
DAF Trucks
DAF Trucks NV is a Dutch truck manufacturing company and a division of PACCAR. Its headquarters and main plant are in Eindhoven. Cabs and axle assemblies are produced at its Westerlo plant in Belgium...
company. The new company, DAF NV, was jointly owned by DAF Beheer BV (60%) and Rover Group (40%). Later the company was floated on the Dutch stock exchange. The new company traded as Leyland DAF in the UK, and as DAF elsewhere.
The company manufactured trucks at its plants in Leyland, UK and Eindhoven, the Netherlands, and vans at its Birmingham, UK plant.
Following the insolvency of DAF NV in 1993 four new companies emerged as management buyout
Management buyout
A management buyout is a form of acquisition where a company's existing managers acquire a large part or all of the company.- Overview :Management buyouts are similar in all major legal aspects to any other acquisition of a company...
s:
- LDV LimitedLDV LimitedLDV Group Limited was a British van manufacturer, based in the Ward End area of Birmingham.In its history part of Rover Group and Leyland DAF, was latterly a wholly owned subsidiary of the Russian GAZ group...
as a van manufacturer based in BirminghamBirminghamBirmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...
. - Multipart Solutions Limited which was formed out of the firms parts company based in ChorleyChorleyChorley is a market town in Lancashire, in North West England. It is the largest settlement in the Borough of Chorley. The town's wealth came principally from the cotton industry...
. - Leyland TrucksLeyland TrucksLeyland Trucks is the UK's leading medium & heavy duty truck manufacturer and is based in the town of Leyland, Lancashire. It emerged from the bankruptcy of DAF NV as the result of a management buy-out in 1993, and was acquired by PACCAR in 1998, of which it is now a subsidiary...
as a truck manufacturer based in LeylandLeyland, LancashireLeyland is a town in the South Ribble borough of Lancashire, England, approximately six miles south of the city of Preston.Throughout the 20th and 21st century, the community has seen a large growth in industry, population and farming, due to the establishment of Leyland Motors, housing...
. - DAF TrucksDAF TrucksDAF Trucks NV is a Dutch truck manufacturing company and a division of PACCAR. Its headquarters and main plant are in Eindhoven. Cabs and axle assemblies are produced at its Westerlo plant in Belgium...
as a truck manufacturer based in Eindhoven.
The latter two would both become part of the American truck giant Paccar
PACCAR
PACCAR Inc is the third largest manufacturer of heavy-duty trucks in the world , and has substantial manufacture in light and medium vehicles through its various subsidiaries.-History:...
.
In 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
Management buyout
A management buyout is a form of acquisition where a company's existing managers acquire a large part or all of the company.- Overview :Management buyouts are similar in all major legal aspects to any other acquisition of a company...
. In 2005 the company was renamed mi-Technology Group Ltd.
Vans
- Leyland DAF 200 Series (1989–1993)
- Leyland DAF 400 Series (1989–1993)
Trucks
- Leyland DAF 60 Series (up to 18000 kg)
- Leyland DAF 70 Series (18000 kg to 26000 kg)
- Leyland DAF 80 Series (18000 kg to 38000 kg)
See also
- LDV LimitedLDV LimitedLDV Group Limited was a British van manufacturer, based in the Ward End area of Birmingham.In its history part of Rover Group and Leyland DAF, was latterly a wholly owned subsidiary of the Russian GAZ group...
- Multipart Solutions Limited
- Leyland TrucksLeyland TrucksLeyland Trucks is the UK's leading medium & heavy duty truck manufacturer and is based in the town of Leyland, Lancashire. It emerged from the bankruptcy of DAF NV as the result of a management buy-out in 1993, and was acquired by PACCAR in 1998, of which it is now a subsidiary...
- DAF TrucksDAF TrucksDAF Trucks NV is a Dutch truck manufacturing company and a division of PACCAR. Its headquarters and main plant are in Eindhoven. Cabs and axle assemblies are produced at its Westerlo plant in Belgium...
- Paccar Inc