Genuine Parts acquires Motor Parts & Equipment Corporation

seekingalpha05-01

Genuine Parts Company (NYSE:GPC) Wednesday announced the acquisition of Motor Parts & Equipment Corporation, for its U.S. Automotive business. MPEC, based in Rockford, Illinois, is the largest ...

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MPEC, based in Rockford, Illinois, is the largest ...</p>\n\n<a href=\"https://seekingalpha.com/news/4097251-genuine-parts-acquires-motor-parts-equipment-corporation\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237443549.SGD","symbol_name":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","start_time":0,"source_url":"https://seekingalpha.com/news/4097251-genuine-parts-acquires-motor-parts-equipment-corporation","article_id":"2432571438","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432571438","pubTimestamp":1714568305,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Genuine Parts Company  Wednesday announced the acquisition of Motor Parts & Equipment Corporation, for its U.S. Automotive business. MPEC, based in Rockford, Illinois, is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin, Genuine Parts Company  said.  \"We are pleased to announce the completion of this strategic acquisition, which aligns with our initiative to own more NAPA stores in priority markets,\" said Will Stengel, President & CEO-elect of GPC. 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