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Encyclopedia > DAF NV

DAF NV was a commercial vehicle manufacturing company based in the Netherlands and the United Kingdom. In 1993 DAF NV became insolvent. A commercial vehicle is a type of vehicle used for carrying goods or passengers. ...

Contents

History

The company was formed in 1987 when the Dutch DAF Trucks company merged with the Leyland Trucks division of the British Rover Group (which included the van making business of Freight Rover). The new company was jointly owned by DAF Beheer BV (60%) and Rover Group (40%). Later the company was floated on the Dutch stock exchange.[1] The company traded as Leyland DAF in the UK, and as DAF elsewhere. DAF is a Dutch automobile company, with its main offices in Eindhoven. ... Leyland flatbed Leyland Motors was a British vehicle manufacturer of lorries and buses. ... The British Leyland Motor Corporation (often abbreviated to simply BL), was a Britain in 1968. ... LDV Limited was formed in 1993 following a management buy-out of DAF NVs Leyland DAF van manufacturing division in Birmingham, England, following the bankruptcy of the Dutch company. ... Leyland Trucks, the British truck manufacturer, emerged from the bankruptcy of DAF NV as the result of a management buy-out. ...


The company manufactured trucks at its plants in Eindhoven, Netherlands and Leyland, UK and vans at its Birmingham, UK plant.


Following the insolvency of DAF NV in 1993 three new companies emerged as management buyouts: LDV Limited as a van manufacturer based in Birmingham, UK, Leyland Trucks as a truck manufacturer based in Leyland, UK and DAF Trucks as a truck manufacturer based in Eindhoven, Netherlands. A management buyout (MBO) is a form of acquisition where a companys existing managers buy or acquire a large part of the company. ... LDV Limited was formed in 1993 following a management buy-out of Leyland Dafs van manufacturing plant in Birmingham, England, which was in turn originally part of the British Leyland/Austin Rover empire. ... Leyland Trucks, the British truck manufacturer, emerged from the bankruptcy of DAF NV as the result of a management buy-out. ... DAF is a Dutch automobile company, with its main offices in Eindhoven. ...


Vehicles

Vans

  • DAF 200 Series (1989 – 1993)
  • DAF 400 Series (1989 – 1993)

See also

DAF is a Dutch automobile company, with its main offices in Eindhoven. ... LDV Limited was formed in 1993 following a management buy-out of Leyland Dafs van manufacturing plant in Birmingham, England, which was in turn originally part of the British Leyland/Austin Rover empire. ... Leyland Trucks, the British truck manufacturer, emerged from the bankruptcy of DAF NV as the result of a management buy-out. ...

Notes

  1. ^ DAF 6.75% PERP.. Guy Butler Ltd.


 

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