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Newswire

LKQ acquires Fit-Rite Body Parts for $37 mln

Jan 3 (Reuters) - LKQ Corp. on Tuesday said it has acquired Fit-Rite Body Parts and its affiliated companies for about $37 million in cash, notes and certain assumed liabilities.

In a statement, LKQ said it would make up to an additional $9 million of contingent payments based on the achievement of certain financial results of its aftermarket business over the next 30 months. (Reporting by Deepak Kumar in Bangalore)