Genuine Parts Co. to acquire Hastings Auto Parts

Genuine Parts Co. entered a definitive agreement to acquire Hastings Auto Parts Inc., adding four stores in the Detroit area, with an effective close date of Oct. 1, 2018. Hastings is expected to generate annual revenues of $10 million.

“The addition of Hastings, founded in 1981 and based in the Detroit area, will add four stores to GPC’s distribution footprint and will further expand its presence in the Detroit market.”aftermarketnews.com

• 1 source
• aftermarketnews.comGenuine Parts Co. Announces Industrial And Automotive AcquisitionsaftermarketNews StaffSep 19, 2018

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