Case Analysis 1 - Timeline

Expanded into urban transit buses

Development of first electric trolley coach

Company sold and re-named Flyer Industries Limited

Jan Den Oudsten acquired Flyer Industries Limited. Changed the company name to New Flyer Industries.

Innovations throughout the 1990s Articulated Buses, Programmable Electronics, and alternate power sources

NFI acquired by KPS Special Situations Fund

Acquired by Harvest Panthers and Lightyear Capital.

Delivered the first commercial gasoline- electric hybrid buses to North American market.

NFI announced closing of an IPO in Canada

NFI named to Canada's Top 100 Employers for 6 consecutive years.

Company's first all-electric transit bus to the Chicago Transit Authority

Firm publicized a $116 million strategic investment in NFI by Marcopolo SA.

Acquisition of Orion aftermarket parts assts of Daimler Buses NA Inc, and NABI

Acquisition of MCI, North America's leading provider of motor coach manufacturing, parts, and service, for $455 million.

Founded NFI

Company re-named Western Flyer Coach Ltd.

Entered the U.S. market

Western Flyer introduced