---
schema_version: "secwatch.filing_event.v1"
accession: "0000040987-24-000072"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:24:14.632590+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Genuine Parts acquires largest independent NAPA owner with 181 stores in Midwest

## Summary
- Acquired Motor Parts & Equipment Corp. (MPEC), founded 1938, based in Rockford, IL.
- MPEC operates 181 NAPA Auto Parts stores across Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin.
- Acquisition aligns with GPC strategy to own more NAPA stores in priority markets.
- No financial terms of the deal were disclosed in the press release.

## SEC filing metadata
- accession: 0000040987-24-000072
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000004098724000072/0000040987-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000004098724000072/gpc-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040987-24-000072
- JSON: https://secwatch.observer/filing/0000040987-24-000072.json
- Plain text: https://secwatch.observer/filing/0000040987-24-000072.txt

## Key facts
- M&A Transactions
  GENUINE PARTS CO completed an acquisition involving Motor Parts & Equipment Corporation (MPEC) (closed 2024-04-30).
  - Action: acquisition
  - Counterparty: Motor Parts & Equipment Corporation (MPEC)
  - Closing: 2024-04-30
  source text: Effective April 30, 2024, the company acquired Motor Parts & Equipment Corporation (MPEC).
  evidence_url: https://www.sec.gov/Archives/edgar/data/40987/000004098724000072/0000040987-24-000072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.