CHICAGO -- LKQ Corp. has acquired a recycled parts business near Toronto, Canada, marking the company’s first entry into the Canadian recycled auto parts market. Dominion Auto Recycling located near Toronto, Canada, serves the professional repair market. This business operates out of an approximately 13 acre facility.

LKQ recently amended its bank credit facility to allow borrowings of Canadian dollars to facilitate growth plans in Canada.

In a separate transaction, LKQ acquired an aftermarket business in Louisiana. Cenla Body Parts is an aftermarket business located in Alexandria, LA. This business has approximately 17,000-square-feet of warehouse space dedicated to aftermarket parts. According to LKQ, the Cenla acquisition will help the company to fill out its aftermarket parts network in the southeastern portion of the United States.

These businesses generated annual revenue of approximately $9 million in the aggregate. Terms of the transactions were not disclosed. The company expects these two recent acquisitions on a combined basis to provide approximately $0.01 in diluted earnings per share.

"We are pleased with these acquisitions and with our acquisition pipeline," said Joe Holsten, president and chief executive officer. "We intend to continue to grow our network through acquisitions of recycled, aftermarket and self-service businesses in the U.S. and now in Canada."

For more information about LKQ, go to: http://www.lkqcorp.com.