LKQ Acquires Lecavalier Auto Parts
Feb 24, 2012, 15:57 ET
STE. SOPHIE, QC, Feb. 24, 2012 /CNW Telbec/ - A subsidiary of LKQ Corporation has acquired Pieces Automobiles Lecavalier Inc., a major Quebec automotive recycler. The terms were not disclosed.
Lecavalier Auto Parts operates in Quebec since 1942. They operate four recycling facilities, their main facility is located in Ste-Sophie and its other locations are in St-Jean-sur-Richelieu, Laval, and St-Apollinaire. These facilities process salvage vehicles to provide replacement automotive parts to mechanical repair facilities, body repair facilities, and direct consumers.
Lecavalier Auto Parts will continue to be managed by Roger and Philippe Fugère. "It's an opportunity for our business and employees to grow in a market that is being highly consolidated. For our customers, they will have more availability of products and services in one call".
About LKQ Corporation
LKQ Corporation is the largest nationwide provider of aftermarket and recycled collision replacement parts and refurbished collision replacement products such as wheels, bumper covers and lights, and a leading provider of mechanical replacement parts including remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ also has operations in the United States, United Kingdom, Canada, Mexico and Central America. LKQ operates more than 430 facilities, offering its customers a broad range of replacement systems, components and parts to repair automobiles and light, medium and heavy-duty trucks.
For further information:
For more information regarding Lecavalier please call 1-877-743-2399
Roger Fugère, poste 1246
Philippe Fugère, poste 1240
For more information regarding LKQ, please contact:
Joseph P. Boutross
Director, Investor Relations
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