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Albion Motors
Albion Motors was a Scottish automobile and commercial vehicle manufacturer. Founded in 1899, Albion Motors was purchased by Leyland Motors in 1951. Vehicles continued to be manufactured under the Albion brand until 1972, after which they continued to be produced, but were sold under the Leyland brand. Vehicle production at the former Albion factory in the Scotstoun area of Glasgow, Scotland, continued until 1980. History Originally known as ''Albion Motor Car Company Ltd'', the company was founded in 1899 by Thomas Blackwood Murray and Norman Osborne Fulton (both of whom had previously been involved in Arrol-Johnston). Murray's father, John Lamb Murray mortgaged the Heavyside estate in Biggar, South Lanarkshire, to provide the initial capital. They were joined a couple of years later by John F Henderson who provided additional capital. The factory was originally on the first floor of a building in Finnieston Street, Glasgow and had only seven employees. In 1903 t ...
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Leyland Motors
Leyland Motors Limited (later known as the Leyland Motor Corporation) was a British vehicle manufacturer of lorries, buses and trolleybuses. The company diversified into car manufacturing with its acquisitions of Triumph and Rover in 1960 and 1967, respectively. It gave its name to the British Leyland Motor Corporation, formed when it merged with British Motor Holdings in 1968, to become British Leyland after being nationalised. British Leyland later changed its name to simply BL, then in 1986 to Rover Group. After the various vehicle manufacturing businesses of BL and its successors went defunct or were divested, the following marques survived: Jaguar and Land Rover, now built by Jaguar Land Rover owned by TATA Motors; MG, now built by MG Motor, and Mini, now built by BMW. The truck building operation survived largely intact as Leyland Trucks, a subsidiary of Paccar. History Beginning Leyland Motors has a long history dating from 1896, when the Sumner and Spurrier fa ...
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Albion Lorries At Biggar Vintage Rally, August, 2008
Albion is an alternative name for Great Britain. The oldest attestation of the toponym comes from the Greek language. It is sometimes used poetically and generally to refer to the island, but is less common than 'Britain' today. The name for Scotland in most of the Celtic languages is related to Albion: ''Alba'' in Scottish Gaelic, ''Albain'' (genitive ''Alban'') in Irish, ''Nalbin'' in Manx and ''Alban'' in Welsh and Cornish. These names were later Latinised as ''Albania'' and Anglicised as ''Albany'', which were once alternative names for Scotland. ''New Albion'' and ''Albionoria'' ("Albion of the North") were briefly suggested as names of Canada during the period of the Canadian Confederation. Sir Francis Drake gave the name New Albion to what is now California when he landed there in 1579. Etymology The toponym is thought to derive from the Greek word , Latinised as (genitive ). It was seen in the Proto-Celtic nasal stem * (oblique *) and survived in Old Irish as ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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DAF Trucks
DAF Trucks 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. Some of the truck models sold with the DAF brand are designed and built by Leyland Trucks at its Leyland plant in England. History In 1928, Hubert "Hub" van Doorne founded the company as ''Commanditaire Vennootschap Hub van Doorne's Machinefabriek''. His co-founder and investor was A. H. Huenges, managing director of a brewery. Van Doorne had repaired Huenges' car several times, and Huenges, pleased with his work, offered to finance him in business. Hub started to work in a small workshop on the grounds of the brewery. In 1932, the company, by then run by Hub and his brother, Wim van Doorne, changed its name to ''Van Doorne's Aanhangwagen Fabriek'' (Van Doorne's Trailer Factory), abbreviated to ''DAF''. Huenges left the company in 1936 and the DAF company was then complet ...
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DAF NV
DAF NV (originally DAF BV) was a holding company formed in April 1987, when DAF Trucks and the Leyland Trucks division of the Rover Group merged. In February 1993, it was placed in receivership. History DAF BV was formed on 6 April 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 (60%) and Rover Group (40%). In June 1989, DAF was floated on the Amsterdam and London Stock Exchanges, and renamed DAF NV with DAF Beheer and the Rover Group (now owned by British Aerospace) reducing their shareholdings to 22% and 16% respectively. DAF NV's products were sold under the Leyland DAF banner in the United Kingdom, and as DAF elsewhere. It manufactured trucks at its plants in Eindhoven and Leyland, and vans at its plant in Birmingham in England. In February 1993, DAF NV was placed in receivership, after a downturn in sales and ...
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Leyland DAF
Leyland DAF was a commercial vehicle manufacturing company based in Leyland, Lancashire, Leyland, United Kingdom, and a subsidiary of DAF NV. In February 1993, Leyland DAF was placed into receivership. History Leyland DAF was formed in February 1987, when the Leyland Motors, 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%). In June 1989, it was floated on the Dutch and London Stock Exchanges. The new company traded as Leyland DAF in the United Kingdom, and as DAF elsewhere. The company manufactured trucks at its plants in Leyland, Lancashire, 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: *LDV Group as a v ...
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Rover Group
The Rover Group plc was the British vehicle manufacturing conglomerate known as "BL plc" until 1986 (formerly British Leyland), which had been a state-owned company since 1975. It initially included the Austin Rover Group car business (comprising the Austin, Rover, Mini and MG marques), Land Rover Group, Freight Rover vans and Leyland Trucks. The Rover Group also owned the dormant trademarks from the many companies that had merged into British Leyland and its predecessors such as Triumph, Morris, Wolseley, Riley and Alvis. The Rover Group was owned by British Aerospace (BAe) from 1988 to 1994. In 1994, BAe sold the remaining car business of Rover Group plc to the German company BMW. The group was then broken up in 2000, when Ford acquired the Land Rover division, with the Rover and MG marques continuing with the much smaller MG Rover Group until 2005. Ownership of the original Rover Group marques is currently split between BMW (Germany), SAIC (China), and Tata Motors (India ...
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Bathgate
Bathgate ( sco, Bathket or , gd, Both Chèit) is a town in West Lothian, Scotland, west of Livingston and adjacent to the M8 motorway. Nearby towns are Armadale, Blackburn, Linlithgow, Livingston, West Calder and Whitburn. Situated south of the ancient Neolithic burial site at Cairnpapple Hill, Bathgate and the surrounding area show signs of habitation since about 3500 BC and the world's oldest known reptile fossil has been found in the town. By the 12th century, Bathgate was a small settlement, with a church at Kirkton and a castle south of the present day town centre. Local mines were established in the 17th century but the town remained small in size until the coming of the industrial revolution. By the Victorian era, Bathgate grew in prominence as an industrial and mining centre, principally associated with the coal and shale oil industries. By the early 20th century, much of the mining and heavy industry around the town had ceased and the town developed manufacturin ...
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Coventry Ordnance Works
Coventry Ordnance Works was a British manufacturer of heavy guns particularly naval artillery jointly owned by Cammell Laird & Co of Sheffield and Birkenhead, Fairfield Shipbuilding and Engineering Company of Govan, Glasgow and John Brown & Company of Clydebank and Sheffield. Its core operations were from a 60-acre site in Stoney Stanton Road in the English city of Coventry, Warwickshire. At the end of 1918 it became a principal constituent of a brand new enterprise English Electric Company Limited. After World War II the works made electricity-generating machinery and heavy machine tools. History Consortium The company, the Coventry Ordnance Works Limited, was formed in July 1905 by a consortium of British shipbuilding firms John Brown 50%, Cammell Laird 25% and Fairfield 25% with the encouragement of the British government, which wanted a third major arms consortium to compete with the duopoly of Vickers Sons & Maxim and Sir W G Armstrong Whitworth & Co to drive down price ...
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Albion Viking VK
The Albion Viking VK was a bus chassis manufactured by Albion between 1963 and 1980. History The Albion Viking VK41 was launched in 1963 as a front engined replacement for the Albion Victor VT. In 1965, the rear engined Viking VK43 was introduced. Later the VK49, VK55 and VK57 versions were released. Following the closure of Albion's Scotstoun plant in October 1980, production was transferred to Leyland with the chassis relaunched as the Leyland Super Viking. Production ceased in 1984. Operators Although some were sold in the United Kingdom, notably to the Scottish Bus Group, the majority were sold overseas including to Barbados and Kowloon Motor Bus The Kowloon Motor Bus Company (1933) Limited (KMB) is a bus company operating franchised services in Hong Kong. It is the largest bus company in Hong Kong by fleet size and number of bus routes. It is a subsidiary of Transport International. ... in Hong Kong, Fok Lei (now Transmac) in Macau, and SBS in Singapore. The A ...
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Commercial Motor
''Commercial Motor'' is a weekly magazine serving the road transport industry in the United Kingdom. Founded in 1905 by Edmund Dangerfield, it is notable for having been "the first journal to be devoted exclusively to the commercial vehicle engaged in the conveyance of goods or in passenger carrying". Originally named ''The Commercial Motor'', the title was shortened to ''Commercial Motor'' for the first issue of 1966. The publication is commonly referred to as 'CM' by its readers and editorial staff. ''Commercial Motor'' was initially published by Temple Press and since 2011 it has been published by Road Transport Media. Launch ''The Commercial Motor'' was launched in March 1905 by Temple Press. In the leader of the first issue it described itself as a "missionary and educative medium". For the first issue on 16 March, 20,000 copies were issued "in Britain and other countries, with the hope that the normal weekly circulation would be at least 5,000". Composition The content ...
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Railway Gazette International
''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport professionals and decision makers, railway managers, engineers, consultants and suppliers to the rail industry. A mix of technical, commercial and geographical feature articles, plus the regular monthly news pages, cover developments in all aspects of the rail industry, including infrastructure, operations, rolling stock and signalling. History ''Railway Gazette International'' traces its history to May 1835 as ''The Railway Magazine'', when it was founded by Effingham Wilson. The ''Railway Gazette'' title dates from July 1905, created to cover railway commercial and financial affairs. In April 1914 it merged with ''The Railway Times'', which incorporated '' Herapath's Railway Journal'', and in February 1935 it absorbed the ''Railway Engine ...
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