Business OperationsEfforts to simplify the business led to the announcement that Pacific Avenue Capital Partners entered into a definitive agreement to acquire the Self-Service business for $410 million with a close in Q4/25.
Cost ManagementFocused on Productivity & Efficiencies: LKQ is successfully managing its cost structure having removed $125 million of expenses in the past 12 months.
Product DemandLKQ’s aftermarket collision parts business witnessed slight revenue growth in the quarter, while the company has been experiencing consistent demand across its hard parts business in Canada with margin enhancement through converting from a three-step to two-step distribution model.