Genuine Parts Company acquires largest U.S. independent NAPA store owner

by | May 1, 2024 | 0 comments

MPEC, founded in 1938, is based in Rockford, Illinois. It is the largest independent owner of NAPA Auto Parts stores in the U.S.,  automotive

Motor Parts & Equipment Corporation (MPEC), founded in 1938, is based in Rockford, Illinois. It is the largest independent owner of NAPA Auto Parts stores in the U.S.

Genuine Parts Company, a leading global distributor of automotive and industrial replacement parts, announced the acquisition of Motor Parts & Equipment Corporation (MPEC) for its U.S. Automotive business.

MPEC, founded in 1938, is based in Rockford, Illinois.

It is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin.

Self-described as a corporate holding company of strategically aligned businesses located across the Midwest, MPEC businesses have had an affiliation with NAPA since 1938.

“We are pleased to announce the completion of this strategic acquisition, which aligns with our initiative to own more NAPA stores in priority markets,” said Will Stengel, President & CEO-elect of GPC.

“We appreciate our long-standing partnership with MPEC’s Executive Chairman, Joseph Hansberry, and welcome our new MPEC teammates to GPC and NAPA. We are excited to work together to deliver solutions and value to our customers.”

About Genuine Parts Company
Established in 1928, Genuine Parts Company is a leading global service organization specializing in the distribution of automotive and industrial replacement parts. Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal, while our Industrial Parts Group serves customers in the U.S., Canada, Mexico and Australasia. A network of over 10,700 locations spanning 17 countries supported by more than 60,000 teammates. Learn more at genpt.com.

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