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You are here: Home / Archives for LKQ Corporation

LKQ’s Ian Musselman Appointed to CAWA’s Board of Directors

October 24, 2023 By CollisionWeek Editor

Ian Musselman of the LKQ Corporation has been appointed to CAWA’s Board of Directors. During the appointment process, Young Suhr Jr., Chair of the Board of Directors, commented, “I am pleased to announce that Ian is joining the CAWA Board of Directors. He is a welcomed addition to our leadership with his experience and government […]

Filed Under: News Tagged With: CAWA, LKQ Corporation, People

LKQ Donates $50,000 to Support Technician Workforce in Partnership with TechForce Foundation

August 9, 2023 By CollisionWeek Editor

LKQ Corporation, through the LKQ Community Foundation, and TechForce Foundation have entered into a strategic partnership to support students pursuing a technical education and career as a professional transportation technician. LKQ, the largest provider of alternative vehicle collision replacement products, is concerned over the seriousness of the automotive and collision technician shortage and wants to […]

Filed Under: News Tagged With: Donations, LKQ Corporation, TechForce Foundation, Workforce Development

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

LKQ Corporation Waives UK Merger Clearance Condition for Uni-Select Acquisition

July 27, 2023 By CollisionWeek Editor

August 1 targeted completion date for acquisition. Uni-Select Inc. (TSE:UNS) announced today that LKQ Corporation (NASDAQ:LKQ) has elected to formally waive the closing condition relating to the receipt of UK merger clearance for the previously announced acquisition of Uni-Select by LKQ and its subsidiaries. LKQ also stated in its second quarter earnings announcement today that […]

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

LKQ Reports Revenue of $3.4 Billion in Second Quarter

July 27, 2023 By CollisionWeek Editor

Revenue was up 3.2% compared to last year and 5.4% on per-day basis. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the second quarter of 2023 was $3.4 billion, an increase of 3.2% as compared to $3.3 billion in the second quarter of 2022. For the second quarter of 2023, parts and services organic revenue increased […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

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

LKQ Europe Acquires Commercial Parts Distributor in UK and Ireland

July 21, 2023 By CollisionWeek Editor

Marks entry into European aftermarket truck parts business. LKQ Europe has entered the truck parts business with the acquisition of Digraph, the UK’s leading independent aftermarket commercial parts distributor specializing in heavy goods vehicle (HGV), coach and bus parts. Following the transaction, Digraph will be integrated into the LKQ UK and Ireland group, alongside LKQ […]

Filed Under: News Tagged With: Acquisitions, Europe, Heavy Duty Trucks, Ireland, LKQ Corporation, People, 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

LKQ Publishes 2022 Global Sustainability Report

June 2, 2023 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) announced the release of its 2022 Global Sustainability Report, highlighting accomplishments across environmental, employee engagement and diversity, safety and operations. “As the largest vehicle recycler in the world, sustainability is core to our business and our success,” said Dominick Zarcone, President and Chief Executive Officer. “Our strong environmental stewardship complements our commitment […]

Filed Under: News Tagged With: LKQ Corporation, Sustainability

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

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