Genuine Parts Co. (GPC) announced that Alliance Automotive Group (AAG), the company’s wholly owned automotive distribution company based in London, U.K., has completed its acquisition of German Hennig Fahrzeugteile Group, effective today.
Hennig Fahrzeugteile Group, headquartered in Essen, North Rhine-Westphalia, is one of Germany’s leading suppliers of vehicle parts. Hennig Fahrzeugteile has 31 branches across Germany and serves more than 9,000 customers, predominantly independent workshops and retailers. The company expects the acquired business to generate annual revenues of approximately $190 million (US).
Paul Donahue, CEO of Genuine Parts Co., stated, “The addition of Hennig Fahrzeugteile Group, a premier supplier of vehicle parts, serves to further expand our presence and scale in the German marketplace. We are pleased to welcome the Hennig Fahrzeugteile team into the AAG and GPC family.”
Alliance Automotive Group is a leading distributor of light and commercial vehicle parts to the independent aftermarket in France, Germany, the U.K., and Poland, doing business under the Groupauto France, Précisium, Partners and Gef’Auto brands in France, Groupauto UK, UAN and FPS in the UK, Alliance Automotive Group Germany in Germany and Groupauto Poland in Poland. AAG serves approximately 40,000 garages with more than 100,000 different parts for repair and maintenance from a network of more than 300 company-owned stores and approximately 1,800 affiliated outlets.
