LKQ Corporation (LKQ) today announced that it has entered into an agreement to acquire an equity interest in Mekonomen AB (MEKO.ST) from Axel Johnson AB (AXJ). Headquartered in Stockholm, Sweden, Mekonomen Group is an independent car parts and service chain in the Nordic region of Europe, offering a wide range of products including spare parts and accessories for cars, and workshop services for consumers and businesses.
“Our strategic investment in Mekonomen Group allows us to obtain a significant interest in a leading company with a strong brand and a diverse operating model. This transaction is a natural extension of our