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LKQ Reports Revenue of $3.5 Billion in Fourth Quarter

February 22, 2024 By CollisionWeek Editor

Quarterly revenue up over 16% and full year revenue up more than 8% compared to 2022. LKQ Corporation (NASDAQ:LKQ) today reported fourth quarter revenue of $3.5 billion, a 16.6% increase compared to $3.0 billion for the same period of 2022. Annual revenue was $13.9 billion, an 8.4% increase compared to $12.8 billion for the full […]

Filed Under: News Tagged With: Earnings, FinishMaster, LKQ Corporation

FinishMaster Announces Winners of 4th Annual Hood Master and 3rd Annual PiN Master Challenges

October 10, 2023 By CollisionWeek Editor

Hosts fundraiser to support grant through Collision Repair Education Foundation. FinishMaster celebrated the skills and artistry of automotive refinish technicians and students announcing the recipients of its Hood Master and PiN Master challenges. As 350 guests entered the Biltwell Event Center in Indianapolis, Ind. on September 22, they immediately realized this year’s Hood Master would […]

Filed Under: News Tagged With: Collision Repair Education Foundation, FinishMaster, Hood Master Challenge, PiN Master Challenge

FinishMaster Announces Fourth Annual Hood Master Challenge and Third Annual PiN Master Challenge

September 5, 2023 By CollisionWeek Editor

FinishMaster announced that its Hood Master Challenge is back and even bigger and better for 2023.  Since it was first held in 2020, the foundational purpose and vision for the challenge has been to showcase the true talent possessed by painters in the industry. From that concept, this challenge has evolved beyond expectations and has […]

Filed Under: News Tagged With: Collision Repair Education Foundation, FinishMaster, Hood Master Challenge, PiN Master Challenge

LKQ Corporation Completes Uni-Select Acquisition

August 1, 2023 By CollisionWeek Editor

Uni-Select operates over 145 FinishMaster stores in the U.S. and serves Canadian auto and collision repair shops from more than 1,000 independent and 95 company operated stores. LKQ Corporation (NASDAQ:LKQ) and Uni-Select Inc. (TSE: UNS) today announced the completion of the previously-announced acquisition of Uni-Select by 9485-4692 Québec Inc., a wholly-owned subsidiary of LKQ. In […]

Filed Under: News Tagged With: Acquisitions, Canada, FinishMaster, LKQ Corporation, Uni-Select, United Kingdom

UK Competition Regulator Says Solutions Offered to Address Competition Concerns in LKQ Acquisition of Uni-Select

July 25, 2023 By CollisionWeek Editor

LKQ had previously announced its intention to divest Uni-Select’s GSF Cark Parts UK business as part of acquisition. A fast-track Phase 1 investigation by the UK Competition and Markets Authority (CMA) confirmed July 21 that LKQ Corporation’s purchase of Uni-Select Inc. could raise competition concerns in the UK. LKQ, through Euro Car Parts, and Uni-Select, […]

Filed Under: News Tagged With: Acquisitions, FinishMaster, LKQ Corporation, UK Competition and Markets Authority, Uni-Select, United Kingdom

Uni-Select Receives Investment Canada Act Approval for its Acquisition by LKQ

June 8, 2023 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) announced the receipt of the required approval under the Investment Canada Act in connection with its acquisition by LKQ Corporation (NASDAQ:LKQ). The previously announced plan under the provisions of the Québec Business Corporations Act involves Uni-Select, LKQ Corporation and 9485-4692 Québec Inc., a wholly-owned subsidiary of LKQ Corporation. In February, LKQ and […]

Filed Under: News Tagged With: FinishMaster, LKQ Corporation, Uni-Select

Uni-Select Obtains Antitrust Clearance in U.S. and Canada for its Acquisition by LKQ

May 12, 2023 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) announced that the required waiting period has expired under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the previously announced plan of arrangement under the provisions of the Québec Business Corporations Act involving Uni-Select, LKQ Corporation and 9485-4692 Québec Inc., a wholly-owned subsidiary of LKQ Corporation. In addition, […]

Filed Under: News Tagged With: Acquisitions, Canada, FinishMaster, LKQ Corporation, Uni-Select

Uni-Select Reports First Quarter Sales Up Almost 10%

May 4, 2023 By CollisionWeek Editor

FinishMaster US segment was up 6.7%. Uni-Select Inc. today reported consolidated sales increased by $39.9 million or 9.7% to $449.5 million in the first quarter ended March 31. Excluding the impact of unfavorable fluctuation of the British pound and the Canadian dollar against the US dollar of $21.6 million or 5.3%, consolidated sales increased by […]

Filed Under: News Tagged With: Earnings, FinishMaster, LKQ Corporation, Uni-Select

Uni-Select Shareholders Approve Acquisition by LKQ

April 27, 2023 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, announced that its shareholders have approved the previously announced plan of arrangement under the provisions of the Québec Business Corporations Act involving Uni-Select, LKQ Corporation and 9485-4692 Québec Inc., a wholly-owned subsidiary of LKQ Corporation. In February, LKQ and Uni-Select announced that they have entered into a definitive […]

Filed Under: News Tagged With: FinishMaster, LKQ Corporation, Uni-Select

Collision Students Can Showcase Their Talents in the Third Annual PiN Master Challenge

April 17, 2023 By CollisionWeek Editor

The Collision Repair Education Foundation (CREF) announced that it will again be partnering with FinishMaster for the 3rd Annual PiN Master Challenge, which offers a chance for high school and college collision tech students to compete for prizes, equipment and bragging rights. Held in conjunction with FinishMaster’s Hood Master Challenge, PiN Master is scheduled for […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, FinishMaster, PiN Master Challenge

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