| Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise


Download our free ebook on Advances in Corrosion Control Coating Technology

Paint and Coatings Industry News

Main News Page

AkzoNobel Sells US Auto Paint Business

Thursday, May 19, 2011

More items for Coating Materials

Comment | More

Vehicle repair parts maker LKQ Corporation has agreed to acquire AkzoNobel Coatings Inc.’s U.S. paint distribution business, consisting of 40 locations.

LKQ says the acquisition will further its ability “to supply the automotive collision industry with a full line of parts and paint solutions.” The 40 additional locations “will supplement LKQ’s existing paint distribution business and provide the company with additional expertise to assist its customers with their paint needs,” LKQ said in a release.

Terms of the agreement were not disclosed.

Expansion Seen

AkzoNobel described the agreement as a partnership, rather than a sale. The company said the agreement would expand its U.S. automotive repair distribution network through divestment of the company-owned stores, which fall under AkzoNobel’s Automotive and Aerospace Coatings business.


LKQ Corp.

LKQ will distribute Sikkens, Lesonal, U Tech and other AkzoNobel brands at more than 300 locations and take over 40 AkzoNobel stores.

Leif Darner, of AkzoNobel’s Performance Coatings business, said the deal would enable the company “to focus on growing our market share in mature markets.”

“By partnering with LKQ, we will be able to offer our products to a wider set of customers and strengthen our leadership position in one of our most important markets.”

LKQ will distribute all of AkzoNobel’s paint lines, including the Sikkens, Lesonal and U-Tech brands.

The transaction impacts all AkzoNobel branch operations in the US that are involved with automotive repair direct sales, AkzoNobel said in a statement.

About LKQ

With nearly 300 facilities, LKQ is the largest nationwide provider of aftermarket recycled and refurbished collision and mechanical replacement products for the automotive and truck market.

“LKQ Corporation is one of the most recognized and respected names in the automotive industry, and we are proud to have them as part of our growing North American network of distribution partners,” said Jim Rees, Managing Director of AkzoNobel’s Automotive and Aerospace Coatings business.

LKQ’s co-CEO Robert L. Wagman said the company had relationships “with thousands of collision repair shops throughout the United States.”

“By adding AkzoNobel’s portfolio of brands to our product offerings, we believe this transaction, coupled with our experience and extensive distribution network, offers LKQ an opportunity for continued growth and market penetration in the paint distribution business.”

The transaction is expected to become effective May 27, subject to customary closing conditions.


Tagged categories: Acquisitions; AkzoNobel; Automotive coatings

Comment Join the Conversation:

Sign in to our community to add your comments.

Polyval Coatings
Polyflex® Polyurea Linings

Polyflex ™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.

Carboline Company
Hyrdrocarbon Fire & Jet Fire Protection

Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology

Heat-FLex® Hi-Temp 1200

Improved Corrosion
Enhanced Durability
Faster Shop Throughput

Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

Wasser Coatings offer a complete range of Moisture Cure Urethane (NEPCOAT approved) systems in addition to Polyurea membranes and linings(NSF).

New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films

Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.

International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment

    HoldTight Solutions Inc.

    Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
    Contact us for your nearest distributor. (800) 319.8802

    Atlas Material Testing Technology

    Helping You Put Your Products To The Test

    • Outdoor Accelerated
    • Laboratory Testing
    • Accelerated Weathering

    Technology Publishing

    The Technology Publishing Network

    The Journal of Protective Coatings & Linings (JPCL) PaintSquare
    Durability + Design Paint BidTracker

    EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
    REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
    MORE:      About   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us

    © Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
    2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail