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LINE-X Enters Exclusive Partnership With Keystone Automotive

LINE-X is now offering franchises an all-new distribution program through an exclusive partnership with Keystone.

LKQ Corp. Finalizes Acquisition Of Keystone Automotive Operations Inc.

The acquisition became effective Jan. 3.

LKQ Agrees to Acquire Keystone Automotive Operations Inc.

Deal for distributor and marketer of specialty aftermarket equipment and accessories in North America worth $450 million.

Keystone Automotive Operations Opens Portland, Ore., Warehouse Operations

The company says it has been actively growing over the past few years and will be opening its fifth warehouse in the Portland Metropolitan Area.

Platinum Equity Acquires Majority Interest in Keystone Automotive Operations Inc.

Platinum was previously Keystone’s largest bond holder and worked closely with Keystone and the company’s other debt holders to develop and execute a recapitalization plan that resulted in Platinum becoming the majority owner of the business.

Keystone Automotive Operations Reports Preliminary Fourth Quarter, Fiscal Year Results

Keystone estimates that net sales for the fourth quarter 2010 were approximately $114.9 million, an increase of $12.3 million, or 12 percent, compared to $102.6 million for the fourth quarter of the prior fiscal year.

Keystone Automotive Reaches Agreement on Terms of Recapitalization

Recapitalization will significantly reduce debt and strengthen balance sheet, company says.

Keystone Automotive Operations Reports Third Quarter Results

Keystone said net sales in the third quarter of fiscal 2010 were $123.3 million, an increase of $6.7 million, or 5.7 percent, compared to $116.6 million for the same period in the prior year, driven primarily by volume increases across most of the company’s geographical markets.

Keystone Automotive Operations Reports Second Quarter Fiscal 2010 Results

Gross profit for the second quarter was $44.2 million, an increase of $4.4 million, or 10.9 percent, over the same period in the prior year.

Keystone Automotive Operations Reports First Quarter Fiscal 2010 Results

For the first quarter, net sales were $122 million, an increase of $2.3 million, or 1.9 percent, compared to $119.7 million for the same period in the prior year.