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Genuine Parts Company Plans Automotive-Industrial Business Split
Genuine Parts Company (GPC) announced plans to separate its automotive (NAPA brand) and industrial (Motion brand) divisions into two independent, publicly traded companies. This tax-free transaction is targeted for completion in the first quarter of 2027 and aims to create two focused entities: Global Automotive and Global Industrial. The split is expected to sharpen customer alignment, simplify operations, and enable disciplined, business-specific investments for long-term value.