LKQ SYNETIQ: UK’s New Recycled Parts Joint Venture

LKQ Europe and SYNETIQ (IAA/RB Global) have launched LKQ SYNETIQ, a joint venture that brings remanufactured and recycled parts into LKQ’s distribution portfolio. This alliance aligns with anticipated EU regulations under Fit‑for‑55, ELV and battery recycling, while expanding workshops’ access to OEM-grade sustainable options.

What LKQ SYNETIQ Brings to Market

• SYNETIQ dismantled 27,000 vehicles at four UK sites in 2024
• LKQ contributes its extensive parts catalogue and advanced logistics
• The combined offering includes new aftermarket, certified remanufactured and quality-assured recycled parts

Leadership & Strategic Roles

• Michael Hill (SYNETIQ Dismantling Operations Director)
• Annick Jourdenais (LKQ Europe Senior Project Director, Salvage)
• Magnus Tagesson (CEO, LKQ Atracco & MD, LKQ Europe Salvage Channel)

Drivers and Objectives

• Regulatory readiness: Proactive response to EU Fit‑for‑55, ELV and battery recycling mandates
• Sustainability: Maximising vehicle value recovery aligns with SYNETIQ’s and RB Global’s environmental agenda
• Market advantage: Workshops gain sustainable repairs and access to OEM parts sequestered from aftermarket channels

“This joint venture is a major milestone in our mission to put sustainable, affordable mobility within reach of every workshop and body shop in Europe... reduce the carbon footprint of repair and stay ahead of evolving European regulations.”

Andy Hamilton, President & Executive MD, LKQ Europe

Benefits for the UK Body Repair Sector

• Enables independent workshops to source recycled/re‑manufactured parts
• Fills gaps in supply where OEM parts are unavailable to independents
• Spurs fresh investment into the UK salvage sector by leveraging LKQ’s scale

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LKQ SYNETIQ exemplifies the shift towards circular economy models in automotive repair. By embedding dismantling data and logistics into distribution, it advances sustainable practices, particularly for EV and hybrid repair markets, while pre-empting regulatory demands. This model may set a standard for future consolidation of salvage, recycling and distribution across Europe, helping meet both carbon and resource-efficiency targets.

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Tagged with: LKQ SYNETIQ, recycled parts, remanufactured parts, EU Fit-for-55, end-of-life vehicle, battery recycling, UK salvage sector, circular economy, EV repair, body repair

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