Genuine Parts Co. Reports 2018 Sales And Earnings For 4th And Full Year
GPC announced that fourth quarter sales increased 9 percent to $4.6 billion.
Genuine Parts Co. Announces Industrial Automation And Robotics Acquisition
GPC has expanded its Automation Solutions Group with the acquisition of Axis New England and Axis New York, adding approximately $55 million in annual revenues.
Genuine Parts Co. Announces New Executive Officer
In this key role, created to further the company’s global focus, Scott Sonnemaker will have responsibility for all aspects of the automotive business in the U.S., Canada and Mexico.
Genuine Parts Co. Completes Automotive Acquisition In Germany
GPC’s Alliance Automotive Group acquires Germany’s Hennig Fahrzeugteile Group.
Genuine Parts Co. Names New Presidents For US Automotive Parts Group And Motion Industries
GPC has announced the promotion of Kevin Herron to president of the U.S. Automotive Parts Group, and Randall Breaux to president of Motion Industries, the company’s industrial business.
Genuine Parts Co. Reports Sales And Earnings For 3rd Quarter
The company has reported sales of $4.7 billion, up 15 percent.
Genuine Parts Co. Announces Automotive Acquisitions In The U.K.
The Alliance Automotive Group, the company’s wholly owned automotive distribution company based in London, has completed the acquisitions of two automotive businesses: U.K.-based Platinum International Group Limited and TMS Motor Spares Ltd.
Genuine Parts Co. Announces Industrial And Automotive Acquisitions
These latest acquisitions come on the heels of the news that GPC’s SP Richard’s business was given notice that its proposed merger with Essendant was called off, after the company received what it believed to be a better offer from Staples.
Genuine Parts Co. Reports That Essendant Calls Off Merger Agreement
In April, GPC entered into a definitive agreement to combine Essendant and Genuine Parts Co.’s S.P. Richards business. A termination fee will be paid to GPC for the failed merger.
Genuine Parts Co. Announces Officer Changes
In addition, GPC announced that the company is mourning the passing of Timothy Breen, president and CEO of Motion Industries.