The Funds advised by Apax Partners announced that LKQ Corporation (Nasdaq: LKQ) has signed a definitive agreement to acquire the holding company of Rhiag-Inter Auto Parts Italia S.p.A ('Rhiag'), a leading pan-European business-to-business distributor of aftermarket spare parts for passenger cars and commercial vehicles, for an enterprise value of €1.04 billion. Rhiag has operations in Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain. Rhiag operates through 247 distribution centers and 10 warehouses, and serves more than 100,000 professional clients.

Apax Europe VII invested in Rhiag in 2013.

SPEAS has made an investment commitment of EUR 30m to the private equity fund Apax Europe VII.

View the press release from Apax here

Scandinavian Private Equity A/S issued this content on 2015-12-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-22 18:22:09 UTC

Original Document: http://www.speas.dk/default.asp?id=199&xml=201512-1975663