Alliance Automotive Group acquired by Genuine Parts Company

Genuine Parts Company announced that it had entered into a definitive agreement to acquire Alliance Automotive Group, a leading European distributor of automotive replacement parts, workshop tools and equipment. The transaction formed part of GPC's external growth strategy to establish a significant presence in the European aftermarket, a market historically characterised by strong regional players. Previously owned by private equity investors and its founders, Alliance Automotive Group had developed into one of Europe's largest independent distribution platforms, with an extensive network and well-established service capabilities across several key markets. The acquisition supports GPC's strategy of accelerating its international expansion by securing immediate scale and a leading competitive position in a region where organic growth would require significant time and investment. By combining the complementary product portfolios and distribution networks of both companies, GPC expects to strengthen its purchasing power with suppliers while generating operational synergies across procurement, logistics and technology platforms. The strategic fit is further reinforced by the companies' shared customer-focused culture and long-standing commitment to delivering high-quality service throughout the automotive aftermarket. Following completion, GPC expects the combined business to generate additional revenue through cross-selling opportunities and broader geographic coverage while improving operational efficiency through supply chain optimisation and network integration. The transaction is anticipated to contribute positively to earnings during the first full year of ownership and support the Group's long-term value creation strategy. The enlarged platform also strengthens GPC's ability to address structural industry trends, including vehicle electrification and the increasing digitalisation of aftermarket services across Europe.

In the past, the company underwent an LBO led by Blackstone in 2014, and continued an active consolidation strategy by notably acquiring Coler (2015).