Add-on Acquisition • Automotive

Genuine Parts Acquires Recambios Gaudi

On August 1, 2023, Genuine Parts acquired automotive company Recambios Gaudi

Acquisition Context
  • This is Genuine Parts’ 7th transaction in the Automotive sector.
  • This is Genuine Parts’ 2nd transaction in Spain.

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M&A Deal Summary

Date August 1, 2023
Target Recambios Gaudi
Sector Automotive
Buyer(s) Genuine Parts
Deal Type Add-on Acquisition

Target Company

Recambios Gaudi

Barcelona, Spain
Recambios Gaudi is an independent players in Spain with 22 stores operating mainly in the Catalonia and Madrid regions. Recambios Gaudi was founded in 1989 and is based in Barcelona, Spain.
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Buyer Overview 1

Buyer

Genuine Parts

Atlanta, Georgia, United States

Category Company
Founded 1928
Sector Automotive
Employees63,000
Revenue 23.5B USD (2024)
DESCRIPTION
Genuine Parts' corporate headquarters in Atlanta, Georgia.
Genuine Parts' corporate headquarters in Atlanta, Georgia.

Genuine Parts is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. Company products and services are offered through a network of over 2,000 operations, geographically located across the United States, Canada and Mexico. Genuine Parts was founded in 1928 and is based in Atlanta, Georgia.


Deal Context for Buyer #
Overall 19 of 20
Sector: Automotive 7 of 7
Type: Add-on Acquisition 17 of 18
Country: Spain 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-11 SPR

Atlanta, Georgia, United States

SPR operates from a network of 30 full-stocking distribution centers strategically positioned across the U.S. to support more than 8,000 resellers, including office products dealers, JanSan distributors, online e-tailers, and others. SPR was founded in 1848 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 Motor Parts & Equipment

Rockford, Illinois, United States

Motor Parts & Equipment is an independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin. Motor Parts & Equipment was founded in 1938 and is based in Rockford, Illinois.

Buy -

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