12 Jul 2024
The voice of the independent garage sector

GSF to “continue to operate” following Uni-Select sale to LKQ Corporation

Euro Car Parts parent LKQ Corporation today (Tuesday 1 August) finalised its acquisition of Uni-Select, the owners of GSF Car Parts.

Commenting on the completion of the deal,GSF Car Parts President and COO Sukhbir Kapoor said: “GSF Car Parts will continue to operate with total independence from LKQ Corporation during the transitionary period between the completion of the arrangement and the divestment of GSF.

“Our 180 branches remain open for business as usual and will continue to offer excellent service to trade and retail customers. We look forward to the pending completion of the divestment and beginning the next chapter in GSF’s journey as a leading motor factor in the UK.”

Earlier in the year, LKQ Corporation made clear its intention to sell GSF Car Parts once it had bought the chain’s Canadian parent.

The deal required also approval from the Competition and Mergers Authority (CMA) in the UK. When LKQ Corporation bought Andrew Page in 2017 it was ultimately required to divest itself of branches across nine areas to conform with competition rules.