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New Deal


Announced

Completed

LKQ completed the acquisition of Uni-Select for $2.1bn.

Financials

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Transaction Value£1,722m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium19.2%
One Off Charge-

Tags

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Cross Border

Majority

Friendly

Auto Parts

Single Bidder

Acquisition

Canada

industrial coatings

automotive refinishes

Public

Completed

Synopsis

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LKQ, an American provider of alternative and speciality parts to repair and accessorize automobiles and other vehicles, completed the acquisition of Uni-Select, a distributor of automotive refinish and industrial paint and related products in North America, for $2.1bn. "The transaction offers compelling value and liquidity to our shareholders and is the culmination of the efforts by our dedicated team to improve our operations and drive efficiencies with a focus on excellent customer service. We see great opportunities to benefit our customers, employees, suppliers and brands by combining our complementary strengths within the larger, multi-disciplinary and growing LKQ team," Brian McManus, Uni-Select Executive Chair and CEO.

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