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You are here: Home / News / UK Competition Authority Launches In-Depth Investigation into LKQ Subsidiary Acquisition

UK Competition Authority Launches In-Depth Investigation into LKQ Subsidiary Acquisition

May 22, 2017 By CollisionWeek Editor

The United Kingdom Competition and Markets Authority (CMA) announced today that it was launching an in-depth review of Euro Car Parts’ acquisition of Andrew Page. The possibility of the in-depth review was announced earlier this month by the CMA

LKQ logoOn May 11, the CMA announced that it would refer the deal for an in-depth investigation unless Euro Car Parts offered acceptable ways of addressing competition concerns. Euro Car Parts had until May 17 to propose solutions to address the CMA concerns

According to the CMA, Euro Car Parts chose not to offer these and so the merger will now be

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Filed Under: News Tagged With: Acquisitions, Andrew Page Limited, Competition, Euro Car Parts, LKQ Corporation, United Kingdom

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