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Tag Archives: LKQ Corp.
LKQ Posts Positive Financials for Fourth Quarter and Full Year; Poised for Growth
LKQ Corp. reported fourth-quarter and full-year 2020 results today showing some revenue decreases, but the company is still positive despite the “headwinds faced throughout 2020.” In fact, some of the gains posted were company records. LKQ reports that it was … Continue reading
LKQ Corporation Third Quarter Financials Out
LKQ Corporation (LKQ), parent company of PGW Auto Glass, reported a decrease in its revenue in the third quarter, which ended September 30, 2020. According to the financial report, which was released today, the company’s revenue is $3.0 billion; a … Continue reading
Posted in glassBYTEs Original Story
Tagged Dominick Zarcone, financial report, LKQ, LKQ Corp., Q3, Q3 2020 report, Varun Laroyia
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LKQ Corporation to Host 2020 Virtual Investor Day
LKQ Corporation (LKQ), parent company of PGW Auto Glass, announced it will host a virtual investor day on Thursday, September 10, 2020 at 9:30 a.m. Eastern time. According to the company, there will be presentations by members of its executive … Continue reading
LKQ Corporation Names New Board of Directors Member
LKQ Corporation (LKQ) today announced it appointed Jacob H. Welch of ValueAct Capital to its board of directors, effective August 12, 2020. “We are delighted to welcome Jake to LKQ’s board. Jake’s investment management track record and public market experience … Continue reading
Posted in glassBYTEs Headlines
Tagged Jacob H. Welch, Joseph M. Holsten, LKQ, LKQ Corp.
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LKQ Corporation Second Quarter Results Report Improved Revenue Trends and Debt Reduction
LKQ Corporation released its second quarter 2020 revenue of $2.6 billion today which is down 19.1% year-over-year, according to the company. Other results include a net income of $119 million (down 21.2%), an adjusted net income of $161 million (down … Continue reading
LKQ Corp. Hires New Federal Government Affairs VP
LKQ Corporation (LKQ) announced it has hired Tyler Threadgill as its federal government affairs vice president. Threadgill will join LKQ’s Washington, D.C., office and assist in growing the company’s government affairs presence. LKQ is a distributor of alternative and specialty … Continue reading
LKQ Corp. Appoints Xavier Urbain to Board of Directors
LKQ Corporation (LKQ) announced today that it has appointed Xavier Urbain to its board of directors. Urbain’s appointment became effective December 9, 2019. Urbain previously served as the group CEO of Switzerland-based CEVA Logistics until May 2019. CEVA Logistics runs … Continue reading
Posted in glassBYTEs Headlines
Tagged board of directors, Dominick Zarcone, Joseph Holsten, LKQ Corp.
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LKQ Grew Its Revenue by $3.15 Billion in Q3
LKQ Corporation (LKQ), parent company of PGW Auto Glass, reported a $3.15 billion revenue growth in the third quarter growth in the company’s latest financial results. The company reported $3.15 billion for its revenue which represents a 0.8% increase, compared … Continue reading
Posted in glassBYTEs Original Story
Tagged Dominick Zarcone, financial report, LKQ, LKQ Corp., Q3
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LKQ Corporation Announces Continued Board Refreshment
LKQ Corporation (LKQ) announced it has appointed Patrick Berard to its board of directors effective yesterday, as part of the board’s ongoing refreshment process. Berard is the CEO of Paris-based Rexel Group. LKQ also announced that A. Clinton Allen and … Continue reading
Posted in glassBYTEs Headlines
Tagged Joseph Holsten, LKQ, LKQ Corp., Patrick Berard
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LKQ Corporation Gets New Senior Vice President of Government & Regulatory Affairs
LKQ Corporation announced it has hired Ian P. Musselman as its senior vice president of government and regulatory affairs. Musselman will open LKQ’s Washington, D.C. office and help establish a federal government affairs presence, as well as oversee existing government … Continue reading
LKQ Europe Announces New Chief Operating Officer
LKQ Corporation recently announced on or about April 1, 2019, Arnd Franz will join LKQ Europe as its COO. He will report directly to LKQ Europe’s CEO and managing director, John Quinn. “The expansion of our European leadership team reflects … Continue reading
LKQ Corporation Records High Earnings for Second Quarter
LKQ Corporation, parent company of PGW Auto Glass, had an outstanding second quarter, according to its latest financial results released today. The company reported record revenue growth with an increase of 23.3 percent, which is an increase of 3.03 billion … Continue reading
Posted in glassBYTEs Original Story
Tagged LKQ Corp., PGW Auto Glass, second quarter 2018
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LKQ Corp. Revenue Increases 16 Percent
LKQ Corp., parent company of PGW Auto Glass, reports that revenue grew 16.1 percent to 2.72 billion in the first quarter of 2018. For the first quarter, parts and services organic revenue growth was 3.7% and acquisition revenue growth was … Continue reading
Hawaii Representative Pushes for Consumer Choice of OEM Parts for Repairs
Hawaii Representative Roy Takumi is pushing to pass a bill that would allow the state’s residents the choice of using OEM parts instead of aftermarket ones. If passed, the bill aims to prohibit insurers from charging policyholders extra fees associated … Continue reading
PGW Auto Glass Acquires Wholesale Division of Mark’s Mobile Glass
PGW Auto Glass, an LKQ company, has acquired the wholesale division of Missouri-based Mark’s Mobile Glass for an undisclosed amount. According to a notice sent by Mark’s Mobile Wholesale Glass division, the acquisition was to allow its wholesale customers to … Continue reading
Posted in glassBYTEs Original Story
Tagged Carlite, Guardian Glass, LKQ Corp., Mark's Mobile Glass, PGW Auto Glass, Pilkington
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LKQ Corporation Announces Agreement to Acquire Stahlgruber GmbH
LKQ Corporation has signed a definitive agreement to acquire Stahlgruber GmbH (Stahlgruber) from Stahlgruber Otto Gruber AG for an enterprise value of approximately $1.7 billion USD (1.5 billion EUR). Headquartered in Germany, Stahlgruber is a European wholesale distributor of aftermarket … Continue reading
LKQ Corporation to Acquire Aftermarket Business of Warn Industries Inc.
LKQ Corporation, parent company of PGW Auto Glass, announced that its Specialty Segment, Keystone Automotive Operations Inc. (Keystone), has agreed to acquire the aftermarket business of Warn Industries Inc., a designer, manufacturer and marketer of high performance vehicle equipment and … Continue reading
Vitro, LKQ Reach Agreement on Pittsburgh Glass Works
Mexico’s Vitro, S.A.B. de C.V. North American glass producer, announced today that it has reached an agreement to acquire Pittsburgh Glass Works LLC (“PGW”) automotive Original Equipment Manufacturer (OEM) glass business from LKQ Corporation for a total consideration of about $310 million USD. Continue reading
LKQ Corp. to Acquire Equity Interest in Mekonomen Group
LKQ Corp. announced November 28 that it has entered into an agreement to acquire an equity interest in Mekonomen AB from Axel Johnson AB. Continue reading
Posted in glassBYTEs Original Story
Tagged LKQ Corp., Mekonomen AB, Pittsburgh Glass Works
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PGW Reports Strong Second Quarter Revenue
Pittsburgh Glass Works (PGW) had a strong second quarter, bringing in $210 million in revenue, Nick Zarcone, LKQ Corp.’s chief financial officer, said during a conference call today. LKQ finalized its acquisition of PGW in April of this year. Continue reading
Posted in glassBYTEs Original Story
Tagged AGRR, LKQ Corp., Nick Zarcone, PGW, Pittsburgh Glass Works, Robert Wagman
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LKQ Corp. Joins S&P 500 Index
LKQ Corp., parent company to Pittsburgh Glass Works, announced the company is now listed on the S&P 500 Index. This became effective at the close of trading on May 20, 2016. Continue reading
Posted in glassBYTEs Headlines
Tagged AGRR, glassBYTEs.com, LKQ Corp., Pittsburgh Glass Works, Robert Wagman, S&P 500 Index
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LKQ Corp. Finalizes Acquisition of PGW
LKQ Corp. has completed its acquisition of Pittsburgh Glass Works (PGW) from private equity firm Kohlberg & Co. LLC and PPG Industries Inc. for an enterprise value of $635 million. Continue reading
Posted in glassBYTEs Original Story
Tagged AGRR, glassBYTEs.com, Jim Wiggins, LKQ Corp., PGW, Pittsburgh Glass Works, Robert L. Wagman
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TODAY’S BLOG: The Intersection of Collision Body Shops and Glass
“When airbags deploy in a crash, chances are good the glass is damaged. The collision repair and AGRR industries’ relationship goes back for decades. However, in recent years, it appears these ties have become stronger.” —Jenna Reed Continue reading
LKQ President: ‘We Will Consolidate Some Locations into Our Warehouses’
“Pittsburgh Glass Works (PGW) has 119 locations. A lot of those will be consolidated into LKQ warehouses or vice versa. We’ll combine our distribution,” said Rob Wagman, LKQ Corp. president and CEO during an investor day in New York City on Tuesday. Continue reading
Posted in glassBYTEs Original Story
Tagged AGRR, glassBYTEs.com, LKQ Corp., PGW, Pittsburgh Glass Works, Rob Wagman
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LKQ Corp. CEO Discusses PGW Acquisition
Pittsburgh Glass Works (PGW) is No. 1 in OEM glass manufacturing with 20 global customers and No. 2 in aftermarket glass, serving more than 7,000 customers, says Rob Wagman, president and CEO of LKQ Corp., when discussing his company’s planned acquisition of PGW today. Continue reading
Posted in glassBYTEs Original Story
Tagged AGRR, glassBYTEs.com, LKQ Acquires PGW, LKQ Corp., Pittsburgh Glass Works, Rob Wagman
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LKQ Corp. to Acquire Pittsburgh Glass Works
LKQ Corp. has signed an agreement to acquire Pittsburgh Glass Works (PGW) from private equity firm Kohlberg & Co. LLC and PPG Industries Inc. for an enterprise value of $635 million. Continue reading
Posted in glassBYTEs Original Story
Tagged AGRR, glassBYTEs.com, LKQ Buyers PGW, LKQ Corp., PGW, Pittsburgh Glass Works
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LKQ Corp. Agrees to Acquire Keystone Automotive Operations
LKQ Corp. has signed an agreement to acquire Keystone Automotive Operations Inc., a distributor and marketer of specialty aftermarket equipment and accessories in North America, for $450 million. The transaction is expected to be completed in the first quarter of 2014 and is subject to customary closing conditions and necessary regulatory approvals.
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Posted in glassBYTEs Headlines
Tagged AGRR, glassBYTEs, Keystone Automotive Operations Inc., LKQ, LKQ Corp., Robert L. Wagman
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