Department Stores M&A » By The Online Investor Staff, updated Mon., Jul. 4, 10:44 AM
Recent mergers and acquisitions in the Department Stores M&A category.
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Slide #9. LKQ Corporation — Keystone Automotive Operations, Inc.
Acquirer:
LKQ Corporation (NASDAQ:LKQ)
Acquiree:
Keystone Automotive Operations, Inc.
Details:
LKQ Corporation (Nasdaq:LKQ) today announced that it has completed its previously announced acquisition of Keystone Automotive Operations, Inc. ("Keystone"), a leading distributor and marketer of specialty aftermarket equipment and accessories in North America.
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 (3.83 out of 4) 63rd percentile
(ranked higher than approx. 63% of all stocks covered)
Analysts' Target Price: LKQ Stock Forecast Based on Zacks ABR data; powered by Xignite |
