You searched for GPC - Page 3 of 31 - aftermarketNews
GPC/NAPA To Share Business Insights At AASA Vision

Scott Sonnemaker, group president, North American Automotive, will deliver this year’s AASA Vision Conference Customer Spotlight.

GPC Reports Full-Year Sales Of $19.4B

Fourth quarter sales went up 2.2% to $4.7 billion.

GPC Announces 64th Consecutive Dividend

The company also announced two new officer changes and a board appointment.

GPC Sells S.P. Richards’ Canadian Operations

In 2019, S.P. Richards Canada’s approximate annual revenues were $50 million.

Automotive Aftermarket Getting A Boost From ‘Normalized Winters,’ GPC’s Paul Donahue Says

During Genuine Parts Co.’s (GPC) Feb. 19 conference call, President and CEO Donahue said “generally favorable weather conditions” helped NAPA’s parent company finish 2018 with a strong fourth quarter, and the weather “drove improved demand for much of the year.”

GPC Announces Automotive Acquisition In Germany

GPC’s Alliance Automotive Group has entered into a definitive agreement to acquire Germany’s Hennig Fahrzeugteile Group. Paul Donahue, CEO of Genuine Parts Co., said, “the addition of this business serves to further expand our presence and scale in Europe as we build on our global growth strategy.”

Longtime GPC Chairman And CEO Wilton Looney Passes Away

Wilton Denny Looney passed away on June 1, at the age of 99. When Wilton retired from GPC in 1990, he handed the reins to Larry Prince, but continued to maintain an office at company headquarters and attend every board meeting for the next 28 years, totaling almost 80 years with his beloved company, according to the Atlanta Journal-Constitution.

Staples Takes A Run At GPC’s Essendant Merger

Genuine Parts Co. issued comments on its definitive merger agreement with Essendant following Staples’ conditional, non-binding proposal to acquire Essendant. 

GPC Merges Its S.P. Richards Business With Another National Business Products Distributor

The merger is expected to deliver approximately $75 million in annual run-rate synergies and establish enhanced financial profile to drive more profitable growth and value for shareholders.

GPC Announces Officer Changes

Napoleon Rutledge Jr. was named senior vice president of finance, and Derek Goshay was appointed vice president of safety and sustainability.