LKQ Corporation
| File:LKQ Corporation logo.svg | |
| Company type | Public |
|---|---|
| |
| Industry | Auto parts |
| Founded | February 1998 |
| Founder | Donald F. Flynn |
| Headquarters | Nashville, Tennessee, U.S. |
Key people | Justin Jude (president and CEO) |
| Revenue | Increase $ 13.866 million (2023) |
| Owner | ValueAct Capital, 7.1% |
Number of employees | 44,000 (2022) |
| Subsidiaries | Keystone Automotive |
| Website | lkqcorp |
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LKQ Corporation (an acronym for “Like, Kind and Quality”) is a U.S.-based supplier specializing in alternative and specialty automotive parts for vehicle repair and enhancement. The company operates across North America, Europe, and Taiwan, offering replacement components, systems, and equipment for cars, trucks, as well as recreational and performance vehicles.[1]
As of December 2018, LKQ ranked #300 on the Fortune 500 list.[2] In March 2017, Dominick P. Zarcone was appointed President and Chief Executive Officer.[3]
In June 2024, Justin Jude assumed the roles of President and CEO.
History
Founded by Donald Flynn in February 1998 through the acquisition of Triplett Automotive Recycling in Akron, Ohio, LKQ Corporation has expanded significantly since its inception. Flynn served as chairman until his passing in October 2011.[4] The company's growth strategy has heavily relied on acquiring over 200 firms specializing in used and refurbished automotive parts manufacturing and distribution. Notable acquisitions include Stahlgruber, Rhiag, Euro Car Parts, Fource ADL, among others.[5][6]
In January 2017, LKQ announced relocation of its North American headquarters to Antioch, a suburb of Nashville, Tennessee, planning to transfer approximately four hundred employees from Illinois and California to the new site.[7] The Antioch facility officially began operations in December 2018.[8]
Presence
The enterprise maintains operations across 1,684 sites situated throughout various nations in Europe and North America.
| Country | Number of Locations |
|---|---|
| Template:AUT | 20 |
| Template:BEL | 24 |
| Template:BIH | 30 |
| Template:CAN | 42 |
| Template:CZE | 188 |
| Template:DEU | 146 |
| Template:HUN | 25 |
| Template:IRL | 27 |
| Template:ITA | 3 |
| Template:NLD | 86 |
| Template:NOR | 3 |
| Template:POL | 53 |
| Template:SVK | 61 |
| Template:SVN | 3 |
| Template:SWE | 11 |
| Template:CHE | 69 |
| Template:UKR | 38 |
| Template:GBR | 270 |
| Template:USA | 585 |
| Total | 1,684 |
References
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- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
External links
Template:Motorvehicle-company-stub Template:US-manufacturing-company-stub