Following the recent acquisition by LKQ Euro, part of Euro Car Parts parent LKQ Corporation, of iris along with five distributors of automotive paint and body supplies, the new business has announced its new name will be LKQ coatings.
LKQ Euro is promising to ‘revolutionise the repair market by being unbeatable on price, delivery, quality and support’. All the acquired businesses will continue to trade under their existing names before they transition to commence trading under the LKQ coatings name by the end of the year.
LKQ coatings is promising ‘more choice, more coverage and more value’ through innovation, technology and customer service.
Richard Steer, managing director of LKQ coatings, says, “Investment plans are already in place to deliver the widest brand offering of paint and consumables across the UK.
“By working closely together, we will change the distribution model to the benefit of all the industry stakeholders. We are totally committed to remaining leaders in our field and to delivering our game changing proposition to the whole repair industry.”