LKQ Corporation (LKQ) Acquires Andrew Page Limited; No Terms

October 4, 2016 7:01 AM EDT

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

LKQ Corporation (Nasdaq: LKQ) announced that its United Kingdom subsidiary, Euro Car Parts, has acquired substantially all the business assets of Andrew Page Limited, a distributor of automotive parts in the United Kingdom. As part of the transaction, Euro Car Parts acquired 102 Andrew Page branch locations, its national distribution center and corporate office.

“We are pleased to acquire the Andrew Page business, a company with a long and proud history in the UK,” said Robert L. Wagman, President and CEO of LKQ Corporation. “Andrew Page will continue to operate under its own brand, offering UK automotive repairers and consumers high-quality automotive parts that are alternative choices to new OEM parts. With our support, we believe that customers will benefit from an extended range of products while continuing to enjoy the great level of service that Andrew Page and its employees have historically provided.”

Terms of the transaction were not disclosed.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Mergers and Acquisitions

Related Entities

Definitive Agreement

Add Your Comment