PGW Auto Glass, LLC announced two acquisitions. On December 27, the company announced it acquired American Glass Distributors, the largest independent wholesale distributor of auto aftermarket glass and supplies in the southern United States. American Glass is headquartered in Ft. Worth, Texas, and operates 14 locations throughout Texas, Louisiana, and Oklahoma. On January 3, the […]
LKQ Selling PGW Auto Glass Business to One Equity Partners
PGW had $400 million in revenue during 2021. LKQ Corporation (NASDAQ:LKQ) today announced that it has entered into a definitive agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to the private equity firm One Equity Partners (OEP). The transaction is expected to be completed during the […]
LKQ Sells OEM Glass Manufacturing Business to Vitro SAB
LKQ Corporation (NASDAQ:LKQ) today announced that it has entered an agreement to sell the OEM glass manufacturing business of its Pittsburgh Glass Works subsidiary (PGW) to a subsidiary of Vitro S.A.B. de C.V. (VITROA.MX), a leading glass manufacturer based in Mexico. The sale price is $310 million, subject to potential post-closing purchase price adjustments. As […]
LKQ Finalizes Pittsburgh Glass Works Acquisition
LKQ Corporation (NASDAQ:LKQ) yesterday announced that it has completed its previously announced acquisition of Pittsburgh Glass Works LLC (PGW). LKQ Corporation logo“With the acquisition of PGW and our entrance into the sizable automotive glass market, we continue to grow our industry-leading position and product offerings to further serve the needs of our professional repairer customer,” […]
LKQ to Acquire Pittsburgh Glass Works
LKQ Corporation (NASDQ:LKQ) announced that it has signed an agreement to acquire Pittsburgh Glass Works LLC (PGW) from private equity firm Kohlberg & Company LLC and PPG Industries, Inc. for an enterprise value of $635 million. PGW is a global distributor and manufacturer of automotive glass products. PGW’s business comprises wholesale and retail distribution services, […]