acquired Advanced Auto Recycling of Cumberland, R.I.
Terms weren't disclosed, but Chicago-based LQK said the auto-parts recycler had revenue of $6.2 million in the last 12 months. It will serve Rhode Island and parts of Massachusetts and Connecticut.
"Our investment in Advanced will complement and expand our recycled parts business the New England market," said CEO Joe Holsten. "It will also serve as a redistribution center for aftermarket parts in the New England market from our recently opened warehouse in Massachusetts."
LKQ said it expects the deal to be neutral to fourth-quarter earnings. Its shares rose $1.24 Monday to $29.92.