Our Company History

LKQ Corporation was initially formed in 1998 through the combination of a number of wholesale recycled products businesses located in Florida, Michigan, Ohio and Wisconsin. We subsequently expanded through internal development and approximately 270 acquisitions of aftermarket, recycled, refurbished, and remanufactured product suppliers and manufacturers; self service retail businesses; and specialty vehicle aftermarket equipment and accessories suppliers. See below for a detailed snapshot of our key event below.

Donald Flynn's Vision

In 1998 Donald Flynn founded LKQ Corporation with the goal to provide quality auto parts to a fragmented industry.

February 13, 1998

LKQ is Formed

LKQ Corporation formed with our first 3 acquisitions: Triplett Auto Recyclers, Damron Auto Parts and Star Auto Parts.

February 13, 1998
1999

Competition Emerges

LKQ was tapping into a fragmented part of the industry, Ford Motor Company entered the recycled parts business as “GreenLeaf”.

1999
2003

LKQ Goes Public

LKQ officially goes public on the NASDAQ under the symbol LKQX.

2003
2004

Aftermarket

LKQ enters the aftermarket parts business with the acquisition of Action Crash Parts. With the addition of aftermarket parts, LKQ was able to launch aftermarket programs in new markets, and the success there ultimately gave LKQ confidence to expand our aftermarket offerings.

2004

Self-Service

The product offering expansion continues in 2004 when LKQ enters the Self Service business in Florida and Central America.

2006

Wheels

LKQ acquires Transwheel/ Transmetco, giving us the ability to restore aluminium wheels to a like-new condition. In addition, Transmetco runs a small furnace that melts the excess wheels into ingots and sows, which we sell back to manufacturers of OEM wheels.

2006
2007

Keystone Automotive Industries

The biggest company changing event up until 2007 is the acquisition of Keystone Automotive industries. Keystone, at the time, was a public company headquartered in Nashville, Tennessee, operating 137 warehouses and 13 depots in 39 states as well as in Ontario, Quebec and British Columbia, in Canada.

2007
2008

Heavy Truck

LKQ enters the heavy duty truck recycling business with the acquisition of Texas Best Diesel. Many more additional locations follow in the coming years.

2008
2009

Greenleaf

In October 2009 LKQ acquires its largest recycled parts competitor, GreenLeaf Auto Recyclers. The GreenLeaf transaction is the 2nd largest acquisition LKQ completes through 2009, adding an additional 17 auto salvage operations.

2009
2010

PROFormance

LKQ gets into the remanufacturing space by acquiring PROFormance, an engine re-builder in Springfield, Missouri.

2010
2011

ATK VEGE Engines & Yamato

LKQ acquires ATK Vege Engines and Yamato, following the acquisition of Proformance in 2010. With these three companies, along with the recycled engine business, LKQ becomes the largest distributor of alternative engines in the United States.

2011
2011

Paint Distribution

AkzoNobel approaches LKQ to sell their 40 paint distribution locations. With this acquisition, LKQ becomes the number two paint distributor to the collision industry in the US and brings in about 200 new employees, many of them being paint specialists who are critical in the future growth of this business segment.

2011

Entry into the United Kingdom

In 2011 LKQ enters into the United Kingdom with the acquisition of Euro Car Parts, the largest aftermarket hard parts distributor in the UK. Euro Car Parts had close to 90 branches throughout England and had an established national distribution center, when allowed them to re-stock on a daily basis, providing a huge competitive advantage.

2013

Worldwide Expansion

Worldwide expansion continues with the acquisition of aftermarket parts distributor Sator Beheer, in the Netherlands, Belgium, Luxembourg, and Northern France. LKQ also acquires 5 paint distributors in the United Kingdom.

2013
2014

Specialty Aftermarket

LKQ enters the specialty aftermarket equipment and accessories business with the acquisition of Keystone Automotive Operations.

2014
2016

Continued European Expansion

LKQ acquires the holding company of Rhiag-Inter Auto Parts Italia S.p.A. (“Rhiag”), a leading pan- European business-to-business distributor of aftermarket spare parts for passenger cars and commercial vehicles. LKQ operations expand into Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain.

2016

Automotive Glass

In 2016 LKQ acquires Pittsburgh Glass Works (PGW), the leading global manufacturer of automotive glass products. With the acquisition of PGW LKQ enters into the automotive glass market, and continue to grow our industryleading position and product offerings to better serve the needs of customers.

2018

Stahlgruber

Acquisition of Stahlgruber GmbH (“Stahlgruber”), a wholesale distributor of aftermarket spare parts for passenger cars, tools, capital equipment and accessories with operations in Germany, Austria, Italy, Slovenia, and Croatia with further sales to Switzerland. This acquisition expanded our geographic presence in continental Europe and serves as an additional strategic hub for our European operations.

2018
2019

Elite Electronics

Acquisition of Elite Electronics, which specializes in various automotive diagnostic and repair services. This acquisition launched LKQ North America into the vehicle services market, converging our industry-leading parts and distribution business with Elite’s services to further facilitate customers’ needs.

2019