Our North America segment is composed of wholesale operations, which consists of aftermarket and recycled parts, self service retail operations, heavy truck operations, and aviation operations. LKQ also recently entered the vehicle diagnostic services business with our acquisition of Elite Electronics in 2019.
We are the largest provider of alternative vehicle collision replacement products and a leading provider of alternative vehicle mechanical replacement products, with our sales, processing, and distribution facilities reaching most major markets in North America
Our Specialty operating segment was formed in 2014 with our acquisition of Keystone Specialty, a leading distributor and marketer of specialty vehicle aftermarket products and accessories in North America. Our Specialty operations reach most major markets in the U.S. and Canada and serve the following six product segments: RV; truck and off-road; towing; speed and performance; wheels, tires and performance handling; and miscellaneous accessories.
Our Europe segment was built on four key acquisitions: European Car Parts (ECP) (2011), Sator (2013), Rhiag (2016) and Stahlgruber (2018). Additionally, in 2014 we expanded our European segment to include wholesale recycling operations through our acquisition of a business with recycled parts and vehicle repair facilities in Sweden and Norway, and in 2016, we acquired an equity investment in Mekonomen AB (“Mekonomen”), the leading independent car parts and service chain in the Nordic region of Europe.
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