GPC Archives - Page 2 of 4 - aftermarketNews
Genuine Parts Co. Declares Regular Quarterly Dividend

The dividend is payable Oct. 1, 2019, to shareholders of record Sept. 6, 2019.

Genuine Parts Co. To Acquire Heavy-Duty Distributor In France

GPC’s Alliance Automotive Group has entered into a definitive agreement to acquire the Todd Group, based in Normandy, France.

Genuine Parts Co. Reports 2nd Quarter Sales And Earnings

The company has reported record sales of $4.9 billion, up 2.3%.

Genuine Parts Co. Completes Acquisition Of Industrial Distributor In Australasia

Inenco, combined with the company’s automotive business in Australasia, acquired in 2013, provides GPC with annual revenues of approximately AU$2.2 billion ($1.6 billion U.S.) in this key region.

Genuine Parts Co. Completes Automotive Acquisition In Europe

GPC’s Alliance Automotive Group acquires Netherlands-based PartsPoint Group.

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.”

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.