Nashville, TN – LKQ Corporation has reached an agreement to acquire Auto Data Labels Inc., a leading manufacturer and distributor of replacement vehicle information labels in North America. Auto Data Labels produces various types of replacement vehicle information labels for all years, vehicle makes and models, including labels for Vehicle Identification (VIN), Federal Safety certification, tire pressure, under hood, and vehicle warning. Auto Data Labels is a preferred vendor for MSOs, dealership collision repair centers, both franchise and independent collision repair facilities, and insurance companies throughout North America.
“Auto Data Labels is an excellent fit to our existing parts and services offerings, providing a one-stop-shop solution for our customers. For example, a customer would buy a hood from LKQ that will simultaneously provide for easy access to the under hood labels from Auto Data Labels, making the complete part acquisition process that much easier”, said Terry Fortner, North American Vice President of Sales and Marketing. “Further, the speed to produce and deliver those labels to our customers is much faster than other marketplace sources. This is a win-win for our repair facility and insurer customers; it also minimizes the need for return trips for vehicle owners, thus providing a much better customer experience overall for everyone involved.”
Former owner Scott Saal will continue as General Manager of Auto Data Labels and will help advance the company’s transition and growth.
Terms of the transaction were not disclosed.
LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles.