LKQ Divests Elit Polska To MEKO AB, Streamlining Asset Portfolio
LKQ Divests Elit Polska To MEKO AB, Streamlining Asset Portfolio
LKQ Corporation (NASDAQ:LKQ) said on Friday that it had entered into a definitive agreement to sell Elit Polska to MEKO AB.
LKQ公司（納斯達克股票代碼：LKQ）週五表示，它已達成最終協議，將Elit Polska出售給MEKO AB。
Elit Polska is a Poland-based distributor of automotive parts, consumables and workshop equipment. Elit Polska's 2023 revenue was approximately $107 million.
Elit Polska是一家總部位於波蘭的汽車零部件、消耗品和車間設備的分銷商。Elit Polska 2023 年的收入約爲 1.07 億美元。
As of March-end, the balance sheet of LKQ reflected a total debt of $4.3 billion and a total leverage of 2.3x EBITDA.
截至3月底，LKQ的資產負債表顯示總債務爲43億美元，總槓桿率爲息稅折舊攤銷前利潤的2.3倍。
Justin Jude, Executive Vice President and Chief Operating Officer of LKQ, stated, "The evaluation and streamlining of our asset base is a core strategic pillar for our Company."
LKQ執行副總裁兼首席運營官賈斯汀·裘德表示：“評估和精簡我們的資產基礎是我們公司的核心戰略支柱。”
The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals.
該交易預計將於2024年下半年完成，並需遵守慣例成交條件和必要的監管部門批准。
For 2024, LKQ projected a free cash flow of $1 billion, with an operating cash flow of $1.35 billion.
LKQ預計2024年的自由現金流爲10億美元，運營現金流爲13.5億美元。
MEKO operates as a top spare parts distributor in northern Europe, serving eight markets through its brands FTZ, Inter-Team, Koivunen, MECA, Mekonomen, and Sørensen og Balchen. As of December 31, 2023, LKQ owned 26.6% of MEKO AB.
MEKO是北歐最大的備件分銷商，通過其自貿區、Inter-Team、Koivunen、MECA、Mekonomen和Sörensen og Balchen等品牌爲八個市場提供服務。截至 2023 年 12 月 31 日，LKQ 擁有 MEKO AB 26.6% 的股份。
Price Action: LKQ shares are trading higher by 0.07% to $44.35 at last check Friday.
價格走勢：週五最後一次檢查時，LKQ股價上漲0.07％，至44.35美元。
Image sourced from Shutterstock
圖片來自 Shutterstock