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In 1994 the company expanded in to new premises and commenced a programme of development that resulted in a range of single and double deck buses which was the primary source of income for the company. On August 17 2007 the company went into administration, but was saved and bought out by the Darwen Group the next day. It is thought that the problem was a direct consequence of changing to the Euro 4 chassis, with a shortage of Scania chassis being a factor. After the purchase, the Darwen Group rebranded the company as Darwen East Lancs. In 2008 Jamesstan Investments, an investment company controlled by the Darwen Group purchased another bus manufacturer Optare. Later, in June 2008, a reverse takeover was performed, with the Darwen name disappearing in favour of Optare's. This brings East Lancs name into the Optare Group, now providing an expanded range of vehicles. |
