M&A Deal Summary

LKQ Acquires Albert Lea Auto Salvage

On June 14, 2004, LKQ acquired automotive company Albert Lea Auto Salvage

Acquisition Highlights
  • This is LKQ’s 2nd transaction in the Automotive sector.
  • This is LKQ’s 3rd transaction in the United States.
  • This is LKQ’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2004-06-14
Target Albert Lea Auto Salvage
Sector Automotive
Buyer(s) LKQ
Deal Type Add-on Acquisition

Target

Albert Lea Auto Salvage

Albert Lea, Minnesota, United States
Albert Lea Auto Salvage, Inc. is an operator of a recycled OEM automotive replacement parts facility.

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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 3 of 45
Sector (Automotive) 2 of 20
Type (Add-on Acquisition) 3 of 40
State (Minnesota) 1 of 1
Country (United States) 3 of 30
Year (2004) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-23 Global Trade Alliance

Columbus, Ohio, United States

Global Trade Alliance, Inc. is a distributor of aftermarket collision automotive replacement parts.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-01 Bodymaster Auto Parts

Pennsauken, New Jersey, United States

Bodymaster Auto Parts, Inc. is an operater in the aftermarket collision automotive replacement parts business.

Buy $15M
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