LKQ Corp. Finalizes Acquisition Of Keystone Automotive Operations Inc. - aftermarketNews

LKQ Corp. Finalizes Acquisition Of Keystone Automotive Operations Inc.

The acquisition became effective Jan. 3.

CHICAGO – LKQ Corp. has completed its previously announced acquisition of Keystone Automotive Operations Inc., a leading distributor and marketer of specialty aftermarket equipment and accessories in North America.

Keystone has more than 1,500 employees with 25 locations serving more than 20,000 specialty retailers and equipment installers throughout North America, offering a broad product line of more than 300,000 SKUs from more than 800 suppliers. Keystone distributes products to serve the following six category segments: truck and off-road; speed and performance; recreational vehicle; towing; wheels, tires and performance handling; and miscellaneous accessories.
 
"We are delighted to complete the acquisition of Keystone, and excited about LKQ’s further entry into the specialty aftermarket equipment and accessories business. Keystone’s leading market position, unparalleled distribution network, exceptional management team and diversified product offerings will play crucial roles in our efforts to grow LKQ’s presence in this highly fragmented industry," stated Robert Wagman, president and CEO of LKQ Corp.
 
The acquisition became effective Jan. 3.

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