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Genuine Parts Co. To Acquire London-Based Alliance Automotive Group

Genuine Parts Co. (GPC) has signed an agreement to acquire Alliance Automotive Group (AAG), a European distributor of vehicle parts, tools and workshop equipment, from private-equity funds managed by Blackstone and AAG’s co-founders.

Schwartz Advisors Advises Olympus Imported Auto Parts In Its Acquisition By Genuine Parts Co.

Founded in 1977, Mike Brown began working at Olympus a year later and purchased the company in 1986. Growing from one store in 1986, Olympus today has six locations serving the Northern Virginia-Washington, D.C., area.

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

Company says sales are up 10 percent and EPS is up 29 percent.

Genuine Parts Co. Reports Record Second-Quarter Sales And Earnings

For the six months ended June 30, sales totaled $6.5 billion, up 6 percent compared to the same period in 2011.

Genuine Parts Co. Reports First-Quarter 2012 Results

ATLANTA – Genuine Parts Co. (GPC) has reported sales and earnings for the first quarter ended March 31. Thomas Gallagher, chairman and CEO, announced that sales for the first quarter were $3.2 billion, up 7 percent compared to the first quarter of 2011. Net income for the quarter was $146.3 million, an increase of 16

Genuine Parts Co. Announces Donahue As New President

ATLANTA – Tom Gallagher, chairman, president and CEO of Genuine Parts Co. (GPC), announced that its board of directors has elected Paul Donahue to the position of president of Genuine Parts Co., making him only the seventh president in the company’s 84-year history.  Donahue, 55, was previously executive vice president of Genuine Parts Co. and

Genuine Parts Co. Reports Record Sales and Earnings for the Third Quarter

ATLANTA — Genuine Parts Co. (GPC) has reported record sales and earnings for the third quarter and nine months ended Sept. 30. Thomas Gallagher, chairman, president and CEO, announced that sales totaling $3.3 billion were up 11 percent compared to the third quarter of 2010. Net income for the quarter was $151.8 million, an increase

Genuine Parts Co. Invests in Leading Aftermarket Distributor in Australasia

ATLANTA and MELBOURNE, Australia — Genuine Parts Co. (GPC) and the Exego Group announced that they have entered into a definitive strategic agreement whereby Exego will issue new shares to Genuine Parts Co., representing a 30 percent stake in Exego for approximately $150 million (U.S.) in cash. Exego, headquartered in Melbourne, Australia, is a leading

Genuine Parts Co. Reports Record Sales Up 12 Percent

ATLANTA — Genuine Parts Co. (GPC) has reported sales and earnings for the second quarter and six months ended June 30, 2011. Sales totaling $3.2 billion were up 12 percent compared to the second quarter of 2010. Net income for the quarter was $151.8 million, an increase of 22 percent from $124.5 million recorded in

Genuine Parts Co. Reports First-Quarter 2011 Results

GPC reported record sales totaling $3 billion, up 14 percent compared to the first quarter of 2010.