# LKQ acquires Stahlgruber's auto parts business for EUR 1.5 billion

American competitor LKQ acquired the auto parts business of Bavarian automotive supplier Stahlgruber for EUR 1.5 billion. Stahlgruber retains its tire repair division.

- Type: Acquisition
- Announced: 2018-01-18
- Where: Bavaria, Germany
- Value: $1.83B (1.50B EUR)
- Status: completed
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LKQ Corporation](https://endata.com/companies/20355.md) (acquirer)
- [Stahlgruber](https://endata.com/companies/29466.md) (target)

## Sources

- [juve-steuermarkt.de](https://www.juve-steuermarkt.de/mandate/milliarden-deal-autoteile-hersteller-stahlgruber-geht-an-baker-mandantin/), 2018-01-18: "Der bayerische Kfz-Zulieferer Stahlgruber hat sein Geschäft mit Autoteilen an den amerikanischen Wettbewerber LKQ verkauft."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.