LKQ Corporation (NASDAQ:LKQ) today announced the closing of its acquisition of Stahlgruber GmbH from Stahlgruber Otto Gruber AG that was announced in December. Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations in Germany, Eastern Europe, Italy, and with further sales to Switzerland.
Stahlgruber’s facilities include 188 sales centers, and an approximately 128,000 square meter advanced logistics center that is strategically located in Germany, serving more than 100,000 professional clients and offering over 500,000 SKUs.
“We are very excited to bring Stahlgruber into the LKQ