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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. is a global distributor of vehicle products, including replacement parts, components, and systems used in the repair and maintenance of vehicles, and specialty products and accessories. Co. distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products; recycled collision and mechanical products; refurbished collision products such as wheels, bumper covers and lights; and remanufactured engines and transmissions. In addition to its wholesale operations, Co. operates self service retail facilities that sell recycled automotive products from end-of-life vehicles.
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Strong Buy (3.62 out of 4) 64th percentile
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