LKQ Corp. (LKQ) said Wednesday that it has acquired substantially all of the assets of PartsChannel, Inc., an aftermarket collision parts distributor with fourteen warehouses servicing over thirty markets across the United States.
Additional terms of the deal were not disclosed.
"PartsChannel presents attractive synergies within our existing network while simultaneously adding some new geographic locations to our North American aftermarket collision parts business," stated Robert Wagman, President and Chief Executive Officer of LKQ.
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