Genuine Parts Company Announces Two Acquisitions Print
Friday, June 24, 2016 08:47 AM

Genuine Parts Company Announces Two Acquisitions – Including Canadian Import Part Distributor with 20 Locations

ATLANTA — Genuine Parts Company (NYSE: GPC) announced June 21 that it has entered into two definitive agreements. The company has entered into definitive agreements to acquire Auto-Camping, Ltd. and select assets within the Janitorial and Sanitation ("Jan/San") business of Rochester Midland Corporation

Auto-Camping, with 20 locations across Canada, is a distributor of original equipment import parts in Canada.  Auto-Camping specializes in original equipment automotive parts for European vehicles and sells to foreign repair specialists as well as original equipment dealers. The addition of Auto-Camping is expected to generate annual revenues of approximately $50 million (USD).

The Jan/San business supplies a variety of Janitorial and Sanitation accessories to more than 400 distributors primarily in North America. The Company plans to integrate this business into the Impact Products division of S.P. Richards and its growing Facilities and Breakroom Supplies product offering.  This business is expected to generate incremental annual revenues of approximately $20 million.