CHICAGO LKQ Corp. has completed its previously announced agreements in principle to acquire five Netherlands companies, all of which were customers and distributors for LKQ’s Netherlands subsidiary, Sator Holding B.V. The companies acquired were Rijsbergen Holding B.V., Pala Holding B.V., Primaparts Automaterialen B.V., BOAC Automotive B.V. and VEAM B.V.
"These acquisitions further strengthen our distribution network in the Netherlands and demonstrate LKQ’s commitment to our European strategy," stated Robert Wagman, president and CEO of LKQ Corp.
Terms of the transactions were not disclosed.