Genuine Parts Company Announces Automotive Acquisition In Europe, Expanding Leadership Position In Spain
Acquiring Company
Genuine Parts Company
Acquired Company
Alliance Automotive Group
AtlantaManufacturingSoftwareScience And EngineeringManufacturingAutomotiveDescription
Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Effective July 31, 2023, Alliance Automotive Group (AAG), the company's wholly-owned automotive distribution company based in London, U.K., acquired Recambios y Accesorios Gaudí, S.L. (Gaudi).
Quick answer
Genuine Parts Company is acquiring Alliance Automotive Group, announced August 1, 2023. Genuine Parts Company is based in Atlanta, Georgia, United States.
- How much did Genuine Parts Company pay for Alliance Automotive Group?
- The deal value was not disclosed.
- What does Genuine Parts Company do?
- Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts.
- Where are Genuine Parts Company and Alliance Automotive Group based?
- Genuine Parts Company is based in Atlanta, Georgia, United States.
- Who are the decision-makers at Genuine Parts Company?
- Fundz holds 2 contacts at Genuine Parts Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Science And Engineering and Automotive
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Intel Announces Termination Of Tower Semiconductor Acquisition (August 16, 2023)
- Angeles Equity Partners Portfolio Company Vistech Manufacturing Solutions Acquires Industry Products Company (August 8, 2023)
- Lkq Corporation Completes Acquisition Of Uni-Select Inc. (August 1, 2023)
- Idis Co., Ltd. Announces The Closing Of Its Acquisition Of Costar Technologies, Inc. (August 18, 2023)
- Incompass™, A Platform Company Of Tjm Capital Partners, Has Purchased The Machinery Division Of Mollart Engineering (August 1, 2023)
- Brainbox Ai Announces Acquisition Of Abb’S Ems Retail Division (July 11, 2023)
Who to call at Genuine Parts Company, and when
When Genuine Parts Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Genuine Parts Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Genuine Parts Company, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Genuine Parts Company. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Genuine Parts Company makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Alliance Automotive Group?
Alliance Automotive Group was acquired by Genuine Parts Company, based in Atlanta. The deal was reported on August 1, 2023. Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. Genuine Parts Company is publicly traded (GPC) and operates in Manufacturing.
When did Genuine Parts Company acquire Alliance Automotive Group?
Genuine Parts Company's acquisition of Alliance Automotive Group was reported on August 1, 2023. Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Alliance Automotive Group do?
Alliance Automotive Group (AAG), is a leading distributor of light and commercial vehicle parts to the independent aftermarket in France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. It is privately held, operating in Manufacturing.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.