LKQ Corporation (LKQ) announces a joint venture between LKQ Europe and Synetiq Ltd.

LKQ Corporation (nather:LKQHe is one of 13 cheap stocks for medium places to add it to your wallet. On June 24, LKQ Corporation (NASDAQ: LKQ) announced a joint venture between LKQ Europe and Synetiq Ltd. And it is the company IAA. LKQ Europe distributes post -sales spare parts for commercial trucks, cars and industrial vehicles in Europe, while Synetiq is the UK vehicle dismantling company, recycling and rescue.

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LKQ Corporation (NASDAQ: LKQ) reported that the joint project, called LKQ Synetiq, will collect the experiences of Synetiq in dismantling the logistical network that relies on data, re -manufacturing and distribution in LKQ Europe.

The administration stated that the joint project is expected to be a major building building block for the development of the LKQ Europe channel, as well as its ability to comply with the European Union in the future, cars at the end of life, and battery recycling systems. The project will also set a synetiq to achieve its strategic goal of increasing the financial and environmental capabilities of each vehicle.

LKQ Corporation (NASDAQ: LKQ) distributes car products, spare parts for maintenance, repair and car accessories. The company operates in the following sectors: America in the northern sentence, Europe, specialization and self -service.

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