LKQ Europe acquires Dutch remanufacturer Rhenoy Group

M&A and Investment

Move aimed at strengthening LKQ’s presence in the European salvage business

LKQ Europe, a Switzerland-based distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe and a subsidiary of LKQ Corporation, has announced that it has expanded its presence in the European salvage business with the acquisition of Rhenoy Group, a Dutch supplier of remanufactured engines, and recycled OEM car parts, according to a press release dated 2 February by Independent Automotive Aftermarket Federation (IAAF).

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