MEKO completes the acquisition of Elit Polska
MEKO completes the acquisition of the company Elit Polska, significantly expanding its presence in Poland. The acquisition is expected to yield substantial synergy effects and makes MEKO the third largest player in the Polish automotive aftermarket.On May 10, 2024, MEKO announced that it had signed an agreement to acquire Elit Polska from its owner, LKQ Corporation. Previously, MEKO held a market share of approximately 5 percent in Poland and, through this acquisition, strengthens its position with a market share of around 8 percent. Elit Polska is a well-established wholesaler of auto