O’Reilly Automotive Makes Cash Bid for Genuine Parts’ $10B Auto Unit
The potential acquisition could reshape the auto aftermarket as GPC focuses on its industrial business.
/ 2 items
The potential acquisition could reshape the auto aftermarket as GPC focuses on its industrial business.
Atlanta-based Genuine Parts Co. is weighing separating its profitable auto parts unit (63% of sales) from its industrial business after settling with Elliott Investment Management.