ATLANTA – Genuine Parts Co.’s (GPC) Industrial and Electrical Groups recently made acquisitions. Effective Oct. 31, the company’s Electrical Group, EIS Inc. (EIS), closed on the acquisition of the assets of Tekra Corp. Headquartered in New Berlin, Wis., Tekra is an independent coater, converter and distributor of specialty films and adhesives, which complements the fabrication capabilities at EIS. The company expects the acquired business to generate annual revenues of approximately $75 million.

The company’s Industrial Group, Motion Industries, acquired the stock of AST Bearings LLC, effective Oct. 26. AST is a value-added supplier of high-precision bearings and related products, with two locations in
Montville, N.J., and Irvine, Calif. The company expects the acquired business to generate annual revenues of approximately $35 million. Tom Gallagher, chairman and CEO of Genuine Parts Co., stated, "We are encouraged by the ample growth opportunities these new businesses provide us. We continue to target quality organizations to support the long-term growth strategies in each of our business segments.  We welcome these talented teams to the GPC family and look forward to the contributions they will make to our company in the years ahead."