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Genuine Parts Co. Acquires Monroe Motor Products


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ATLANTA – Genuine Parts Co. (GPC) announced that it has acquired Monroe Motor Products, a regional automotive parts distributor.

Founded in 1917, Rochester, N.Y.-based Monroe Motor Products has 17 stores and a large hub location.  

Monroe will consolidate into GPC’s U.S. Automotive operations and is expected to generate approximate annual revenues of $25 million.

“This strategic acquisition expands our automotive store footprint and fills a significant void for us in the greater Rochester marketplace,” said Paul Donahue, GPC president and CEO. “We are pleased to welcome the Monroe team to the U.S. Automotive Parts and GPC family and look forward to working with them to expand our market share in the Rochester trading area.” 

Source: http://www.counterman.com/genuine-parts-co-acquires-monroe-motor-products/

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