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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.

Genuine Parts Co. Reports Record Sales And Earnings For The Second Quarter

The company has reported record sales of $4.8 billion, up 18 percent.

Genuine Parts Co. Reports Sales And Earnings For The 1st Quarter

Sales for the first quarter were a record $4.6 billion, a 17.4 percent increase compared to $3.9 billion for the same period in 2017.

Genuine Parts Co. Reports 2017 Sales And Earnings For The 4th Quarter And Full Year

Fourth quarter sales were $4.2 billion, up 11 percent, and full year sales were $16.3 billion, up 6 percent.

Genuine Parts Co. Completes Acquisition Of Europe’s Alliance Automotive Group

AAG is the second largest parts distribution platform in Europe, with a focus on light vehicle and commercial vehicle replacement parts.

Genuine Parts Co. Announces Industrial And Automotive Acquisitions

Paul Donahue, president and CEO, said, “This strategic acquisition expands our automotive store footprint and fills a significant void for us in the greater Rochester marketplace.”

Genuine Parts Co. Enters Definitive Agreement To Acquire Europe’s Alliance Automotive Group

The acquisition is valued at a total purchase price of approximately $2 billion, including the repayment of AAG’s outstanding debt upon closing.

Genuine Parts Co. Announces New Board Member

The company also announced an additional 15 million share repurchase program.

Genuine Parts Co. Reports Sales And Earnings For The 2nd Quarter

The company reports record sales of $4.1 billion and earnings per share of $1.29.

Genuine Parts Co. Announces Executive Officer Changes

Genuine Parts Co. (GPC) has announced that Thomas Gallagher, executive chairman of GPC, has informed the board of directors of his decision to retire as an executive officer and employee of the company, effective June 30.