CHICAGO — LKQ Corporation completed its previously announced acquisition of Pick-Your-Part Auto Wrecking, an auto recycler with nine recycling locations in California. LKQ paid 60 percent of the purchase price with its common stock.

"We are very pleased to complete our acquisition of Pick-Your-Part," says Joseph Holsten, president and chief executive officer of LKQ Corp. "We are excited about the prospects for these California retail oriented recycled parts businesses, and we believe Pick-Your-Part will help us expand our Southern California wholesale recycling business."

LKQ Corporation is a nationwide provider of aftermarket collision replacement products, recycled OEM products and refurbished OEM collision replacement products such as wheels, bumper covers and lights used to repair light vehicles. LKQ operates approximately 300 facilities offering a broad range of replacement systems, components and parts to repair light vehicles and trucks.