LKQ Corporation has finalized the acquisition of Warn Industries. Warn was previously owned by Dover Corp. Warn will be a part of LKQ’s specialty segment, represented by Keystone Automotive Operations.
“Finding new and better ways to serve the needs of our customers is a priority for Keystone. We are excited about the value and capabilities Warn brings to our customer centric approach to service,” said Bill Rogers, vice president and general manager of Keystone. “Their leadership position in the market and premium iconic brand give us the ability to drive our long-term strategy of growing share in our core markets and developing viable points of entry into adjacent spaces that show promise.
“The collective team will be focused on maintaining the highest level of customer focus and driving the growth initiatives the organization has already developed,” Rogers concluded.
Warn offers a broad product line of premium winches, hoists, locking hubs and bumpers and serve specialty retailers and distributors globally. Warn has a long history and reputation of developing the highest quality most technologically advanced products in the industry, according to LKQ. The red W logo is omnipresent where rugged dependable products are required. From mountaintops to worksites and deserts to disaster areas, Warn is the product enthusiasts and professionals depend on.
“The team at Warn is very excited to be part of LKQ/Keystone,” said Eric Banks, Warn vice president of operations. “Our approach to customers and market opportunities are very similar. We believe that by serving our customers best we serve the needs of the entire supply chain better. They know our market space and have been leaders in it for many years. Being supported by a company that can bring new and critical resources to us means that our customers and all of our channel partners will benefit.”
Warn will be run in an autonomous way within LKQ’s Specialty Products Group and maintain its operational presence in Oregon, according to the company.
“It is fantastic to have a very capable management team and experienced workforce in place there. Their infusion of talent to our organization will contribute significantly to all our working groups,” said Kyle Shiminski, vice president of Keystone’s Specialty Products Group. “Their passion for their products and customers will help ensure that we continue to provide the highest quality products and service experiences people have come to expect.”