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The information below comes from the UK Activity Report.
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LDV LDV, the Birmingham-based van manufacturer with 850 staff, has been acquired by Gaz Group of Russia for £50m. 01-Aug-2006 LDV, the Birmingham-based van manufacturer, has been acquired by US-based Sun Capital Partners and London-based EAC for an estimated £75m, which is expected to lead to the loss of 200 of the 1,200 jobs. 19-Dec-2005 LDV has announced a £90m expansion plan that will involve the launch of a new range of commercial vehicles, a new manufacturing facility in Birmingham and the creation of 1,000 jobs over the next five years. 24-Dec-2003 LDV has won a £40m contract to manufacture 2,000 new vans and trucks for rental company Sixt over the next two years. 03-Nov-2003 LDV is planning to develop its Drews Lane site in Birmingham into a European base for Stewart & Stevenson, the US military truck company. 24-Jan-2003 LDV and Stadco are to form a new joint venture company called Stadco Birmingham Pressings to manufacture vehicle pressings. 09-Oct-2002 LDV is forming a consortium with three other companies - Multidrive, Lex Multipart and Stewart & Stevenson of the US - to bid for a £1.5bn Ministry of Defence truck contract, which could create hundreds of jobs in Yorkshire and the West Midlands. 03-May-2002 LDV is to shed 130 jobs in its van manufacturing operation in order to reduce costs and improve competitiveness. 20-Mar-2001 LDV has appointed Bethell Group as its van dealership in the Bolton area, following a £1.5m investment by Bethell. 24-Nov-1999 LDV is to cut about 60 jobs at its van plant in Birmingham, due to the effect of overseas competition. 19-Oct-1999 LDV has announced that it will spend £400m to support the increase in van production at its Washwood Heath plant, and UK vehicle component suppliers are expected to get a large part of this. 19-Mar-1999 LDV and Daewoo have won European Commission approval for a £25m government grant to expand van production in Birmingham. 17-Nov-1998 LDV has won a £14m order from Rover to supply body pressings for the new Discovery model. 28-Sep-1998 LDV, the van maker, is said to be considering a flotation once it has completed a £160m expansion programme with Daewoo to boost production from 20,000 to 80,000 vehicles. 30-Apr-1998 Daewoo of South Korea is forming a £160m joint venture with LDV of Birmingham to build up to 80,000 medium and heavy vans per year, creating about 2,000 jobs. 19-Mar-1998 LDV and Daewoo are expected to get the government go-ahead later this month for a joint venture to make vans in Birmingham, but they may not get all of the £40m aid applied for. 17-Jan-1998 LDV is in discussions with Daewoo of South Korea about building a replacement for LDV's current range of vans, which could result in Daewoo buying a stake in LDV. 08-Dec-1997 LDV, the commercial vehicles concern, is looking for partners, probably from south east Asia, to help fund the development of a new van. 18-Apr-1996 LDV, the commerical vehicle maker, plans to increase production to 17,000 units this year with more emphasis on private buyers rather than fleet buyers. 29-Mar-1996 LDV is raising output by 10% to 440 vans a week following good demand from domestic and foreign markets. 18-Jan-1996 LDV is starting to sell vans in South Africa and is to double presswork production with a new £8m press line. 21-Sep-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007