M&A Deal Summary

LKQ Acquires Wheel Business /Transwheel /

On January 31, 2006, LKQ acquired manufacturer Wheel Business /Transwheel / from Transwheel

Acquisition Highlights
  • This is LKQ’s 1st transaction in the Manufacturing sector.
  • This is LKQ’s 11th transaction in the United States.
  • This is LKQ’s 1st transaction in Indiana.

M&A Deal Summary

Date 2006-01-31
Target Wheel Business /Transwheel /
Sector Manufacturing
Buyer(s) LKQ
Sellers(s) Transwheel
Deal Type Divestiture

Target

Wheel Business /Transwheel /

Huntington, Indiana, United States
Transwheel Corporation, an aluminum alloy wheel refurbishing and distribution business.

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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 11 of 45
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 5
State (Indiana) 1 of 2
Country (United States) 11 of 30
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-03 Fit-Rite Body Parts

Totowa, New Jersey, United States

Fit-Rite Body Parts, Inc. is an operator of a aftermarket collision automotive replacement parts business.

Buy $37M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-09 Pintendre Autos

Pintendre, Quebec, Canada

Pintendre Autos, Inc. primarily serves the professional repair market for not only automobiles but also for heavy trucks and several types of light duty vehicles.

Buy -

Seller(S) 1

SELLER

Transwheel

Huntington, Indiana, United States

Category Company
Founded 1992
Sector Manufacturing
DESCRIPTION

Transwheel markets its products electronically to the insurance and collision repair industry via the three primary estimating systems, Mitchell, ADP, and CCC.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1