LKQ Corporation has sold Elit Polska, a distributor of automotive parts in Poland, to MEKO AB, aiming to enhance operational focus while allowing MEKO to expand its presence in the Polish market.

Target Information

Elit Polska, based in Poland, is a prominent distributor of automotive parts, consumables, and workshop equipment. Previously owned by LKQ Corporation, Elit Polska has established a robust presence in the local market, providing essential services and products to automotive repair businesses. With a commitment to quality and customer service, Elit Polska has positioned itself as a key player in the Polish automotive aftermarket sector.

Industry Overview in Poland

The automotive aftermarket in Poland is a vital segment of the country's economy, reflecting the increasing vehicle ownership and a growing need for vehicle maintenance and repair services. This industry encompasses a range of products including spare parts, accessories, and various consumables essential for vehicle upkeep. The rise in both domestic production and imports has significantly influenced the market dynamics, fostering competition among various distributors.

Moreover, the increasing number of vehicles on Polish roads, coupled with a rising awareness of the importance of regular vehicle maintenance, has bolstered the demand for afte