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You are here: Home / News / LKQ to Acquire Pittsburgh Glass Works

LKQ to Acquire Pittsburgh Glass Works

February 29, 2016 By CollisionWeek Editor

LKQ Corporation (NASDQ:LKQ) announced that it has signed an agreement to acquire Pittsburgh Glass Works LLC (PGW) from private equity firm Kohlberg & Company LLC and PPG Industries, Inc. for an enterprise value of $635 million. PGW is a global distributor and manufacturer of automotive glass products. PGW’s business comprises wholesale and retail distribution services, automotive glass manufacturing, and retailer alliance partnerships. PGW operates approximately 120 distribution branches across North America. In addition, PGW operates 12 automotive glass fabrication facilities in North America, Europe and China.

LKQ logoThe transaction is expected to be completed in the second quarter of 2016 and

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Filed Under: News Tagged With: Acquisitions, LKQ Corporation, Pittsburgh Glass Works, PPG Industries

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