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Alexander Dennis is a British bus manufacturing company based in Larbert, Scotland. The largest bus and coach manufacturer in the United Kingdom with a 50% market share in 2019, it has manufacturing plants and partnerships in Canada, China, Europe, Hong Kong, Malaysia, New Zealand, Singapore, South Africa and the United States. History TransBus - the precursor of Alexander Dennis Mayflower Corporation acquired Scottish bus-makers, Walter Alexander, in August 1995 and English bus-makers, Dennis Group, in October 1998. In 2000, Mayflower and Henlys Group merged their British bus-making operations into a 70:30 joint venture with Alexander, Dennis and Henlys' Plaxton merged to form TransBus International. The factories concerned employed 3,300 staff in seven places in England (Anston, Guildford, Scarborough and Wigan), Scotland (Falkirk) and Northern Ireland ( Belfast). Plaxton's Scarborough operations was planned to close on 3 May 2001 with the loss of 700 jobs blamed o ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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