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LucasVarity


LucasVarity has agreed a £4bn takeover by TRW, but Federal-Mogul is also interested in acquiring the Anglo-American car components group.
30-Jan-1999


LucasVarity has sold its heavy vehicle braking systems division to Meritor Automotive of the US for £235m, and the proceeds will be used on further acquisitions.
24-Nov-1998


LucasVarity has sold two starter motor and alternator businesses, with plants in London, Argentina and South Africa, to Prestolite Electric of Michigan for an initial £25m.
24-Jan-1998


Caterpillar of the US is to acquire the Perkins diesel engine business from LucasVarity for £800m, which will enable LucasVarity to make acquisitions in the aerospace and automotive sectors.
12-Dec-1997


DT Industries of the US is acquiring Lucas Assembly and Test System from LucasVarity for £30m, as part of LucasVarity's programme to dispose of 13 non-core businesses.
30-Jul-1997


Lucas Aerospace, the LucasVarity division, has bought Smiths Industries' engine controls business for undisclosed terms.
21-Jul-1997