Press Release
K&L Gates Advises LKQ Corporation on Acquisition of Andrew Page Business
4 October 2016
London - Lawyers from the London office of global law firm K&L Gates have advised longstanding client LKQ Corporation (NASDAQ: LKQ), a leading supplier of alternative automotive parts, on the acquisition of the business of Andrew Page Limited and related companies for an undisclosed sum.
Andrew Page is one of the UK’s leading distributors of quality auto parts, workshop equipment, tools, and diagnostics. The transaction closed on 4 October 2016 following acceptance of the buyer’s offer on 30 September 2016.
Corporate partner Jeremy Davis and restructuring partner Jonathan Lawrence led the K&L Gates team that advised LKQ, supported by competition partner Neil Baylis, real estate of counsel Steven Cox, employment partner Paul Callegari, and commercial partner Andrew Danson, as well as Verity Priest (corporate associate), David Jacob (senior tax associate), Emma Thomas (senior employment associate), and Briony Pollard (IP associate).
Lawrence stated: “Our team worked with LKQ Corporation, reacting to the demands of a tight timeframe in closing the acquisition over a weekend.”
“Having advised LKQ Corporation on both its first move into the UK market in 2011 with the acquisition of Euro Car Parts and on its acquisition of Rhiag earlier this year, we are now delighted to have assisted them in this latest stage of their European business development,” said Davis.
Andrew Page is one of the UK’s leading distributors of quality auto parts, workshop equipment, tools, and diagnostics. The transaction closed on 4 October 2016 following acceptance of the buyer’s offer on 30 September 2016.
Corporate partner Jeremy Davis and restructuring partner Jonathan Lawrence led the K&L Gates team that advised LKQ, supported by competition partner Neil Baylis, real estate of counsel Steven Cox, employment partner Paul Callegari, and commercial partner Andrew Danson, as well as Verity Priest (corporate associate), David Jacob (senior tax associate), Emma Thomas (senior employment associate), and Briony Pollard (IP associate).
Lawrence stated: “Our team worked with LKQ Corporation, reacting to the demands of a tight timeframe in closing the acquisition over a weekend.”
“Having advised LKQ Corporation on both its first move into the UK market in 2011 with the acquisition of Euro Car Parts and on its acquisition of Rhiag earlier this year, we are now delighted to have assisted them in this latest stage of their European business development,” said Davis.
K&L Gates comprises approximately 2,000 lawyers globally who practice in fully integrated offices located on five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.
