LKQ Corporation Strengthens Presence in the Netherlands - BodyShop Business

LKQ Corporation Strengthens Presence in the Netherlands

Company acquires five distributors for its subsidiary, Sator Holding B.V.

LKQ Corporation announced that it has completed its previously announced agreements in principle to acquire five Netherlands companies, all of which were customers and distributors for LKQ’s Netherlands subsidiary, Sator Holding B.V. The companies acquired were Rijsbergen Holding B.V., Pala Holding, B.V., Primaparts Automaterialen B.V., BOAC Automotive B.V. and VEAM B.V.

"These acquisitions further strengthen our distribution network in the Netherlands and demonstrate LKQ’s commitment to our European strategy," said Robert L. Wagman, president and chief executive officer of LKQ Corporation.

Terms of the transactions were not disclosed.


More information:

LKQ Corporation

You May Also Like

NGK/NTK, Autel Create Diagnostic Webinar Series

NGK Spark Plugs (U.S.A.), Inc., and Autel U.S. have again joined forces to create diagnostic webinar sessions.

NGK Spark Plugs (U.S.A.), Inc., and Autel U.S. have again joined forces to create diagnostic webinar sessions. The sessions, to be initially released through Autel’s live webinar series, were created over three days of recording at NGK’s Technical Center at their U.S. headquarters in Wixom, Mich.

CARSTAR Ranked First Again in Collision by Entrepreneur

CARSTAR has been ranked number one in the collision repair category among the top franchises in Entrepreneur magazine’s 2023 Franchise 500.

Classic Collision Announces Executive Promotions

Classic Collision has announced the promotion of Alexander Brinkman and Cody Johnson to vice president of mergers and acquisitions.

CIECA Announces 2023 Board of Trustees Officers

The Collision Industry Electronic Commerce Association announced that its board of trustees has elected new officers for 2023.

ASE Partners with Michael Lewis for IMSA Racing Series

ASE will sponsor International Motor Sports Association driver Michael Lewis for the 2023 season.

Other Posts

Crash Champions Hosts First Responders in Branson, Mo.

Crash Champions recently hosted more than 25 local first responders at its Branson, Mo.. repair center as part of an NABC F.R.E.E. event.

ABRA’s Mark Wahlin Announces Retirement

Mark Wahlin, a former ABRA franchisee and most recently ABRA’s vice president of franchise services and operations, has announced his retirement.

CCC ONE Repair Workflow to Integrate with CDK’s Dealer Management System

The CCC-CDK integration offers dealer-owned collision centers a way to seamlessly manage repairs from inception to billing.

Palm Springs First Responders Learn New Rescue Skills

The Palm Springs Fire Department learned new rescue skills on electric vehicles at a recent NABC F.R.E.E. event.