LKQ Corporation is a leading player in the aftermarket and refurbished auto parts market in the United States, with a significant market share of 25%-30%. Established in 1998 and listed on the stock exchange in 2003, the company has recently been added to the S&P 500 index. LKQ Corporation holds a sustainable competitive advantage through its buying power and sophisticated purchasing capabilities, as it is the largest buyer of salvaged vehicles in the U.S. Additionally, the company’s unique combination of channels and extensive distribution network of over 500 locations further contribute to its success.
The company has a history of well-managed growth, completing over 100 acquisitions in the past five years and over 200 since its inception. LKQ Corporation has expanded its presence globally through strategic acquisitions of leading distributors in various markets, including the U.S., UK, NL, Italy, Czech Republic, and others. This growth strategy has allowed the company to increase its market share, both organically and through acquisitions, and establish itself as a Fortune 500 company.
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