LKQ Europe and SYNETIQ Ltd. form joint venture to distribute automotive parts in Europe.

From Yahoo Finance: 2025-06-25 13:58:00

LKQ Corporation (NASDAQ:LKQ) announced a joint venture with SYNETIQ Ltd., an IAA company, to distribute automotive aftermarket parts in Europe. The joint venture, named LKQ SYNETIQ, combines SYNETIQ’s expertise in dismantling and remanufacturing with LKQ Europe’s logistics network.

The joint venture is expected to aid LKQ Europe in complying with future EU regulations and help SYNETIQ achieve its financial and environmental goals. LKQ Corporation operates in segments such as Wholesale-North America, Europe, Specialty, and Self Service. Consider investing in AI stocks for greater potential.

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Read more: LKQ Corporation (LKQ) Announces Joint Venture Between LKQ Europe and SYNETIQ Ltd.