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By partsman
Advance Auto Parts announced today, as part of their Q3 earnings release, that they are initiatiating the sale of their Worldpac and Canadian businesses (operates under Carquest).
Strategic Review Update
The company has initiated separate sale processes for the potential divestiture of Worldpac and the company’s Canada business. Worldpac, a leading automotive wholesale distributor of original equipment and aftermarket parts for all makes/all models, is highly recognized for its world class technology, catalog, product brand assortment and training. The company's Canadian business, which predominantly serves commercial customers, goes to market under the Carquest banner.
The company has engaged Centerview Partners to assist in the sale processes. The company has not set a timetable for the conclusion of the sale processes and does not intend to comment on or provide updates regarding these matters unless and until the processes are concluded or it determines that further disclosure is appropriate or required.
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By NAPA
ATLANTA, Nov. 14, 2023 /
link hidden, please login to view/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its Board of Directors declared a regular quarterly cash dividend of ninety-five cents ($0.95) per share on the company's common stock. The dividend is payable January 2, 2024 to shareholders of record on December 1, 2023.
About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. The company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the company serves its global customers from an extensive network of more than 10,000 locations in 17 countries and has approximately 58,000 employees. Further information is available at
link hidden, please login to view link hidden, please login to view SOURCE Genuine Parts Company
For further information: Investor, Timothy Walsh, (678) 934-5349, Senior Director - Investor Relations; Media, Heather Ross, (678) 934-5220, Vice President - Strategic Communications
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By Moores95
Hi everyone,
hope this kind of post is allowed, feel free to tell me to get out if not.
im just hoping for some help identifying some car body parts, I work in a garage and all of this has been lying around for months, needs to be shifted.
if anyone knows ANY info on any of these images it would be met with the highest praise
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By Counterman
Fenix Parent LLC, operating as
link hidden, please login to view, a Hurst, Texas-based recycler and reseller of OEM automotive parts, announced it has completed its acquisition of the assets of Brothers Auto Parts in Indianapolis. Brothers is a full-service automotive recycler servicing the Indianapolis market. This is Fenix Parts’ sixth acquisition in the Midwest, bringing Fenix’s location count to 24 full-service and five self-service locations.
“We are pleased to announce the acquisition of Brothers and excited about the addition of its experienced and talented team to the Fenix family,” said Bill Stevens, CEO of Fenix Parts. “This acquisition expands our Midwest footprint westward and leverages our existing Midwest distribution network to increase regional production. With a location in the ‘Crossroads of America,’ Fenix gains distribution and logistics access to multiple Midwestern markets as we continue to grow our business.”
Stevens added: “I want to give a special welcome to the team at Brothers. Brothers has been in the auto-recycling business for over 35 years, and we are excited to have Jeremiah Johnson join Fenix to support our continued growth in the area as our general manager of Fenix Parts Indianapolis.”
Fenix Parts continues to pursue opportunities that align with its strategic-development plans. Current auto-recycling owners interested in learning more about Fenix’s acquisition process should contact the company at [email protected].
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