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.

BLOCK EXEMPTION PUBLIC CONSULTATION NOW OPEN

Crucial legislation is up for renewal, Trade bodies are preparing responses.

Read More

MERCEDES REACHES OBD AGREEMENT WITH SCAN TOOL MAKER

Techs will now have to buy security access to change or delete certain OBD data

Read More

PEARL AUTOMOTIVE STRIKES SUPPLY DEAL WITH TRICO

Car accessory distributor has signed a deal to distribute wiper products

Read More

SWITCH TO EV ‘DRIVEN BY POLITICAL OBJECTIVES’ – MAHLE BOSS

Company to spend R&D budget on various drivetrains, not just EV

Read More

BREAKING: AUTOMECHANIKA BIRMINGHAM 2021 OFF

Event will now take place in 2022

Read More

Go to comments

Your email address will not be published.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