ECP PARENT ACQUIRES MORE DISTRIBUTION COMPANIES

by

NEW-LKQ-HD-Logo_300pxLKQ Corporation, the parent firm of Euro Car Parts has announced that it has completed agreements in principle to acquire five Netherlands parts distribution companies. Terms of the transaction were not disclosed

The companies acquired were Rijsbergen Holding B.V., Pala Holding, B.V., Primaparts Automaterialen B.V., BOAC Automotive B.V. and VEAM B.V all of which were customers and distributors for LKQ’s Netherlands subsidiary, Sator Holding B.V

“This acquisition further strengthens our distribution network in the Netherlands and demonstrates LKQ’s commitment to our European strategy,” stated Robert L. Wagman, President and Chief Executive Officer of LKQ Corporation.

The move follows LKQ’s expansion into mainland Europe, which started with 2013’s merger with Sator Holding B.V.

IAAF Awards: Winners announced

Annual conference and Awards takes place online

Read More

North and South branch openings for GSF Car Parts

Bournemouth and Warrington join newly-rebranded parts chain

Read More

National Tyres acquired by Halfords for £62m

604-branch chain to become part of retail giant in a deal totalling £81m after capital expenditure and integration costs

Read More

New van fleet for Marathon

Warehouse distributor renews fleet with new Citroen Dispatch vans

Read More

Schaeffler to buy ‘green steel‘ from Swedish start-up

H2 Green Steel to supply OE producer

Read More

Go to comments

Your email address will not be published. Required fields are marked *