Moody's: Debt-fuelled consolidation to continue among Europe's auto parts suppliers into 2017
London, 24 January 2017-- Limited organic growth prospects and cheap debt are fuelling a pan-European consolidation race among leading European auto parts suppliers Dakar Finance S.A., Alliance Automotive Holding Limited and LKQ Corporation as they turn to mergers and acquisitions to drive growth and boost market share, says Moody's Investors Service in a new report. Moody's report, titled "Wholesale Distribution: Auto Parts-- Europe: Market Leaders Face Pressure to Step up...
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