LKQ Commences Process To Explore Potential Sale Of Its Specialty Segment

LKQ Corporation (NASDAQ:LKQ) today announced that it has commenced a process to explore the potential sale of its Specialty segment.

"Our Specialty segment is a leading distributor of automotive, RV and marine parts and accessories in North America. It is a strong business supported by an exceptional team. To unlock its full potential, we initiated a strategic review earlier this year to evaluate opportunities for the business under new ownership. Current market conditions present an attractive environment to assess divestiture options and ensure we maximize the value of this best-in-class business.