O’Reilly Automotive is reported to have made a $10bn USD cash offer (approx. $14bn CAD) offer for Genuine Parts Company’s automotive business.

Both organizations have significant footprint in Canada. GPC is the owner of Montreal-based UAP Inc., operator of the NAPA and related brands Canada. O’Reilly is the owner of Groupe Del Vasto. and its Vast-Auto Distribution business, also based in Quebec, most publicly identified for its Parts City Auto Parts store identity and a host of service related businesses.

The news comes after Genuine Parts Company (GPC) announced in February its intention to split its Automotive and Industrial business units.

At the time of reporting on its full=year 2025 results, GPC declared its intention to separate into two independent, publicly traded companies, one comprising its Automotive Parts Group (“Global Automotive”) and the other comprising its Industrial Parts Group (“Global Industrial”). The separation having been expected to create two, scaled market leaders at the time.

GPC’s Global Automotive would operate as the largest global automotive aftermarket solutions provider, generating more than approximately $21bn CAD (approx. $15bn USD) in sales and $1.7bn CAD ($1.2bn USD) in EBITDA in 2025.

Also, during the fourth quarter of 2025 the GPC realigned its Automotive Parts Group segment into two separate reportable segments: North America Automotive Parts Group (“North America Automotive”), which contains the company’s automotive operations in the U.S. and Canada; and International Automotive Parts Group (“International Automotive”), which contains the company’s automotive operations in Europe and Australasia.

The news was first reported by Bloomberg which cited unnamed sources in its reporting.

At the time of this writing there has been no official statement from either GPC or O’Reilly.

It was not clear in reporting whether the offer was for “Global Automotive” or the “North America Automotive Parts Group,” though the purchase price would equate to a more than eight times EBITDA multiple for GPCs Global Automotive.

GPC stock surged nearly 13% on the news. O’Reilly’s stock slipped approximately 4%.

GPC’s automotive segment has more than 10,000 locations globally and posted sales of more than about $21bn CAD ($15bn USD) in 2025.

O’Reilly results for 2025 reported approximately $24bn CAD in revenue ($17.78bn USD).

This is a developing story. Stay tuned for updates.