ABPA - Automotive Body Parts Association

Automotive Body Parts Association

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British Authorities Investigating Merger of LKQ Subsidiary with UK Parts Distributor

us_uk_fla_450LKQ’s venture into the British parts distribution market has hit a bump in the road. The Competition and Markets Authority (CMA), a government department in the United Kingdom, has opened an inquiry into the acquisition of Andrew Page Limited, an automotive parts distributor with 102 locations, by Euro Car Parts, a subsidiary of the U.S.-based LKQ, Inc. The acquisition (which was positioned as a merger) was announced on October 4, 2016, when Euro Car Parts acquired all Andrew Page locations, a national distribution center and corporate office.

The CMA is responsible for strengthening business competition and reducing anti-competitive activities in the UK. It has the authority to investigate mergers or acquisitions that may violate the country’s Competition Act of 1998, as well as enforcing consumer protection legislation.

The CMA has 40 days to complete its initial inquiry and assessment of the LKQ/Euro Car Parts acquisition of Andrew Page, Ltd.


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