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Motion Industries, a subsidiary of Genuine Parts Company, agreed to acquire Power Industries, an MRO parts distributor in Santa Rosa, California, expanding its San Francisco Bay Area presence. The agreement was executed May 1, 2018.
“Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company (GPC), has announced that it has entered into a definitive agreement to acquire Power Industries.”powertransmission.com
Summarized from public sources; check the original articles before acting on it.