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, […]