Nokian Tyres’ President & CEO Jukka Moisio has informed Nokian Tyres’ Board of Directors of his intention to retire from his position during 2024. The Board of Directors has initiated the process of finding a successor for Moisio.
Moisio has acted as the president & CEO of Nokian Tyres since 2020.
Elit Polska is a Poland-based distributor of automotive parts, consumables and workshop equipment.
LKQ Corporation announced it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and shop equipment to MEKO AB. As of December 31, 2023, LKQ Corporation owned 26.6% of MEKO AB.
The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit Polska’s 2023 revenue was approximately $107 million, according to LKQ.
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