M&A Deal Summary

Genuine Parts Acquires UAP

On December 1, 1998, Genuine Parts acquired automotive company UAP

Acquisition Highlights
  • This is Genuine Parts’ 2nd transaction in the Automotive sector.
  • This is Genuine Parts’ 1st transaction in Canada.
  • This is Genuine Parts’ 1st transaction in Quebec.

M&A Deal Summary

Date 1998-12-01
Target UAP
Sector Automotive
Buyer(s) Genuine Parts
Deal Type Add-on Acquisition

Target

UAP

Montreal, Quebec, Canada
UAP, Inc. is a remanufacturer and distributor of merchandises automotive parts.

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Buyer(S) 1

Buyer

Genuine Parts

Atlanta, Georgia, United States

Category Company
Founded 1928
Sector Automotive
Employees60,000
Revenue 23.1B USD (2023)
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 STATS #
Overall 6 of 20
Sector (Automotive) 2 of 7
Type (Add-on Acquisition) 6 of 18
State (Quebec) 1 of 1
Country (Canada) 1 of 2
Year (1998) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 EIS

Atlanta, Georgia, United States

EIS is a distributor, fabricator, and converter of electrical process materials, wire, cable, and assemblies serving end-user segments in electrical power and related markets. It provides more than 100,000 products from 38 branches and four fabrication facilities to more than 20,000 customers across North America. EIS was founded in 1946 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Johnson Industries

Norcross, Georgia, United States

Johnson Industries is a distributor of automotive parts, equipment, tools, supplies, and facility services. Johnson Industries, Inc. was founded in 1924 and is based in Norcross, Georgia.

Buy -