Manganese Bronze Holdings to be made redundant with immediate effect, out of the company's then total of 274 employees in the country, with the losses spread across its manufacturing facility, head office and dealerships. In January 2013, it was reported that Geely was in negotiations to buy the remaining shares of the company from PwC to save the business. A press statement in February 2013 announced that an agreement had been reached for Geely to purchase the remainder of the London Taxi Company's assets, manufacturing rights, unsold stock and dealerships. Geely set up a new company, The London Taxi Corporation Ltd. under its
B.S.A. Company B.S.A. Company BSA Company Limited is a motorcycle manufacturer which purchased rights to the BSA name from Birmingham Small Arms Company's successor, Dennis Poore's Manganese Bronze Holdings, upon the liquidation of Norton Villiers Triumph in 1978. In October 2016, India's Mahindra Group purchased BSA for £3.4 million in an effort to reintroduce motorcycles bearing the famous BSA name. When NVT Motorcycles Limited was liquidated in 1978, its management, then under William Colquhoun, formed a new company (BSA Company) and bought from NVT the rights to the BSA motorcycle brand. BSA Company produced military motorcycles (with Rotax engines) and motorcycles for