The story
Founded by Hawker Siddeley in 1986.1
History
The company was formed in 1986, after owner Hawker Siddeley merged Dursley, Gloucestershire based R A Lister and Company (acquired in 1965), with Yeovil, Somerset based Petters Limited (acquired in 1957).
In 1992, Hawker Siddeley Group Plc was acquired by BTR plc for £1.5bn. In 1999 BTR merged with Siebe to form BTR Siebe plc, which was renamed Invensys plc. In preparation, BTR sold any subsidiary operations, including Lister-Petter in 1996 to Schroders Venture Capital.
In 2000, with Schroders looking to exit, the firm was bought through a £13.5M management buyout, enabled through selling the original Lister factory site to the South West Regional Development Agency. By this time, the core engine products were in demise, and the company employed around 250 people on a turnover of £35M. Cost-cutting measures included closing the award-winning foundry in 2001: it had been one of the most advanced in Europe when it opened in 1937. In 2003, the company fell into its first administration.
History
1867 R A Lister company founded by Robert Ashton Lister.
1893 James B Petter & Sons founded.
1895 First oil engines made by Petters.
1910 Petters Ltd founded.
1929 First diesel engines produced by R A Lister in Dursley.
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1960s/1970s peak employment of over 5,000
1986 R A Lister and Petters Ltd merged to form Lister Petter Ltd.
2004/2005 Lister Petter sees unprecedented growth and re-investment in its core products
2013 Goes into administration
2014 moves operations to former RAF Aston Down site, saves 80 jobs
Lister and Petter engines were workhorses of the British Commonwealth; many of these engines are still in use today in dump trucks, generators and water pumps. They generally, but not exclusively, leave the factory in a Mid Brunswick Green colouring.
From Wikipedia’s article on Lister Petter, shared under CC BY-SA 4.0.3