| Leyland DAF | |
| Fate: | Administration |
| Location: | Leyland, United Kingdom |
| Industry: | Commercial vehicles |
| Products: | Trucks 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.
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) would both later come back together in 1998 when Paccar acquired Leyland Trucks.[7] [8] [9]
Despite the company ceasing trading in 1993 Leyland Daf marque remains on some existing trucks until 2002, after which the Leyland part of the marque was dropped and trucks started being solely produced under the DAF marque.
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]