SOURCE: AutowiredScottish bus-builder buys Plaxton
SCOTTISH BUS-builder, Alexander Dennis (ADL), has bought Scarborough coach-maker, Plaxton Holdings in a deal worth around £40m.
The new firm, which will operate as ADL, will employ 1,900 people and means the Scots bus building firm is now the largest in the UK, making around 2,000 double and single decker vehicles a year.
Plaxton currently employs more than 500 people at its Scarborough and Anston facilities and makes bodies for nearly a third of all new coaches registered in the UK. It was bought-out of administration by the management in 2004
ADL was formed three years ago when the business was rescued from administration. It currently employs 1,400 people in Falkirk and Guildford, Surrey, and boasts 40% of the UK bus market.