Department Stores M&A » By The Online Investor Staff, updated Tue., Apr. 20, 3:19 AM
Recent mergers and acquisitions in the Department Stores M&A category.
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Slide #15. LKQ Corporation — Five UK-Based Paint Distributors
Acquirer:
LKQ Corporation (NASDAQ:LKQ)
Acquiree:
Five UK-Based Paint Distributors
Details:
LKQ Corporation (Nasdaq:LKQ) today 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.
LKQ is a holding company. Through its subsidiaries, Co. provides alternative vehicle collision replacement products and alternative vehicle mechanical replacement products. Co. is also a provider of alternative vehicle replacement and maintenance products in Germany, the United Kingdom, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Austria, Slovakia, Poland, and various other European countries. In addition to its wholesale operations, Co. operates self service retail facilities across the United States that sell recycled automotive products from end-of-life-vehicles. Co. is also a distributor of specialty vehicle aftermarket equipment and accessories.
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Avg. Broker Rec.
 
|
Strong Buy (3.50 out of 4) 56th percentile
(ranked higher than approx. 56% of all stocks covered)
Analysts' Target Price: LKQ Stock Forecast Based on Zacks ABR data; powered by Xignite |
