# 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.

- Type: Acquisition
- Announced: 2018-09-19
- Where: Detroit area, United States
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Genuine Parts Co.](https://endata.com/companies/2296.md) (acquirer)
- [Hastings Auto Parts](https://endata.com/companies/34427.md) (target)

## Sources

- [aftermarketnews.com](https://www.aftermarketnews.com/genuine-parts-co-announces-industrial-and-automotive-acquisitions/), 2018-09-19: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
