M&A Deal Summary

LKQ Acquires Akzo Nobel Coatings

On May 31, 2011, LKQ acquired chemicals company Akzo Nobel Coatings from Akzo Nobel

Acquisition Highlights
  • This is LKQ’s 1st transaction in the Chemicals sector.
  • This is LKQ’s 20th transaction in the United States.
  • This is LKQ’s 3rd transaction in Ohio.

M&A Deal Summary
Date 2011-05-31
Target Akzo Nobel Coatings
Sector Chemicals
Buyer(s) LKQ
Sellers(s) Akzo Nobel
Deal Type Divestiture

Target

Akzo Nobel Coatings

Columbus, Ohio, United States
Akzo Nobel Coatings, Inc. is a paint distribution business consisting of 40 locations.

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Buyer(S) 1

Buyer

LKQ

Chicago, Illinois, United States
Category Company
Founded 1998
Sector Automotive
Employees49,000
Revenue 12.8B USD (2022)
DESCRIPTION

LKQ is a provider of alternative collision replacement parts and also a provider of recycled engines and transmissions and remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ was founded in 1998 and is based in Chicago, Illinois.

DEAL STATS #
Overall 22 of 45
Sector (Chemicals) 1 of 1
Type (Divestiture) 3 of 5
State (Ohio) 3 of 3
Country (United States) 20 of 30
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-02 Cross Canada Auto Body Supply Windsor

Windsor, Ontario, Canada

Cross Canada is a distributor of alternative replacement parts for the automotive industry with operations in five Canadian provinces: Alberta, British Columbia, Manitoba, Ontario and Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-03 Euro Car Parts

Wembley, United Kingdom

Euro Car Parts Ltd. is a distributor of automotive aftermarket parts in the United Kingdom.Euro Car Parts has serving more than 120,000 commercial customers from 89 locations throughout the UK, offering a broad product line of 114,000 SKUs.

Buy $347M

Seller(S) 1

SELLER

Akzo Nobel

Amsterdam, Netherlands
Category Company
Founded 1646
Sector Chemicals
Employees35,700
Revenue 10.7B EUR (2023)
DESCRIPTION

Akzo Nobel is a producer of decorative paints, performance coatings and specialty chemicals. Akzo Nobel was founded in 1646 and is based in Amsterdam, the Netherlands.

DEAL STATS #
Overall 9 of 16
Sector (Chemicals) 4 of 9
Type (Divestiture) 9 of 14
State (Ohio) 1 of 1
Country (United States) 1 of 3
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-21 National Starch

United Kingdom

National Starch is a recognized innovator in food ingredients and specialty starches. The company sells specialty starches to both local and multinational customers in the food, papermaking, consumer and industrial markets. It has 2,250 employees around the world and operates 11 plants in eight countries.

Sell $1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Integrated Botanical Technologies

Ossining, New York, United States

Integrated Botanical Technologies, LLC - Zeta Fraction process and technology selectively isolates efficacious components from living plants and marine sources to produce a wide range of biofunctional ingredients. Targeted cellular fractions are gently separated based on unique patented technology, preserving the inherent value of the plant cell juice. Conventional plant extraction technology isolates botanical extracts from dried plants and uses external solvents that limit shelf life stability and reproducibility, among other limitations.

Buy -
Mergr

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