Genuine Parts Company acquired Motor Parts & Equipment Corporation to enhance its presence in priority markets and strengthen its automotive retail operations.

Information on the Target

Motor Parts & Equipment Corporation (MPEC), established in 1938 and headquartered in Rockford, Illinois, serves as a prominent player in the automotive parts distribution industry. It is recognized as the largest independent owner of NAPA Auto Parts stores in the United States, boasting an extensive network with 181 locations across several states, including Illinois, Indiana, Iowa, Michigan, Minnesota, and Wisconsin.

The acquisition of MPEC marks a significant milestone for Genuine Parts Company (GPC) as it reaffirms its commitment to enhancing its presence in critical markets. MPEC’s operational scale and strategic positioning make it a valuable addition to GPC's portfolio, particularly in the automotive sector.

Industry Overview in the Target’s Specific Country

The automotive parts distribution industry in the United States is characterized by a competitive landscape with numerous independent and franchise operations. As auto repair and maintenance remain essential, the demand for qua