Automotive parts business Optimal UK Distribution Ltd. has announced changes in its ownership, with LKQ Europe selling its shares in the business.
Midlands-headquartered Optimal UK was established in 2009 as a partnership between Geoff Jones and Germany-based Optimal AG & Co. – which subsequently became part of LKQ Europe.
Now that LKQ Europe has sold its shares in the business, Optimal UK is owned outright by managing director Geoff Jones.
Commenting on the changes, Geoff Jones said: “With this development, there will be no major changes for our UK employees and customers. Optimal will still be available and promoted as the quality brand it is, and it will be complemented by other equally-respected brands, soon to become available in the UK and Ireland through our distribution network”.
Don’t miss the latest in the aftermarket. Subscribe to CAT Magazine here