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LKQ Corporation Takes Over Five Paint Distributors in United Kingdom

Published on 2013-08-08. Author : SpecialChem

CHICAGO, IL -- LKQ Corporation (Nasdaq:LKQ) recently announced that it has acquired five paint distributors with a total of 26 locations throughout the United Kingdom. The acquired distributors include Bee Bee Refinishing Supplies Halstead, JCA Coatings, Milton Keynes Paint & Equipment, Premier Paints and Sinemaster Motor Factors.

"This acquisition furthers our commitment to expand Euro Car Parts collision parts business. With the addition of paint and an extended range of consumables to the Euro Car Parts product portfolio, we have taken another important step towards becoming the leading one-stop shop supplier to the collision repair industry in the UK market," stated Robert L. Wagman, President and Chief Executive Officer of LKQ Corporation.

Terms of the transaction were not disclosed.

About LKQ Corporation

LKQ Corporation is the largest nationwide provider of alternative collision replacement parts and a leading provider of recycled engines and transmissions and remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ also has operations in the United Kingdom, the Benelux, France, Canada, Mexico and Central America. LKQ operates more than 500 facilities, offering its customers a broad range of replacement systems, components and parts to repair automobiles and light, medium and heavy-duty trucks.

Source: LKQ Corporation


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