Genuine Parts Company announced its plan to separate its Automotive Parts Group and Industrial Parts Group into two independent, publicly traded companies by the first quarter of 2027. This strategic move aims to create two focused industry leaders, Global Automotive (operating as NAPA) and Global Industrial (operating as Motion), each better positioned to cater to their specific markets efficiently. The split is expected to enable distinct capital strategies and faster market alignment for both entities.
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Strategic Business Splits
Genuine Parts Company announced its plan to separate its Automotive Parts Group and Industrial Parts Group into two independent, publicly traded companies by the first quarter of 2027. This strategic move aims to create two focused industry leaders, Global Automotive (operating as NAPA) and Global Industrial (operating as Motion), each better positioned to cater to their specific markets efficiently. The split is expected to enable distinct capital strategies and faster market alignment for both entities.