Anglo American plc
Union Carriage &amp; Wagon was established in 1957. Initial shareholders were Commonwealth Engineering (51%), Budd Company (25%) and Leyland Motors (12%). By 1965, Budd and Metro Cammell Weymann held a combined 41% shareholding which they sold to Anglo American plc and General Mining. In December 1969, Commonwealth Engineering reduced its shareholding to 42% with the other two shareholders each owning 29%.