LKQ Corporation Acquires South Carolina Recycled Auto Parts Facility

LKQ Corp. has acquired A&R Auto Parts, Inc., a privately held company that operates a recycled OEM automotive replacement parts facility. Terms of the transaction were not disclosed. Located between Spartanburg and Greenville, near Duncan, SC, A&R will service the greater Spartanburg and Greenville markets and provide a strategic link within LKQ's network of recycled parts facilities.

CHICAGO — LKQ Corp. has acquired A&R Auto Parts, Inc., a privately held company that operates a recycled OEM automotive replacement parts facility. Terms of the transaction were not disclosed.

Located between Spartanburg and Greenville, near Duncan, SC, A&R will service the greater Spartanburg and Greenville markets and provide a strategic link within LKQ’s network of recycled parts facilities.

“Our investment in A&R expands our recycled operations in the southeastern states and vastly increases the inventory available to our customers in the Mid-Atlantic region,” said Joe Holsten, LKQ’s president and CEO.

A&R’s revenue for the twelve months ended December 31, 2004 was approximately $11 million. The company said it expects this business will provide approximately 2 two cents in diluted earnings per share to LKQ in 2005.

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