Genuine Parts Company announced an acquisition for its U.S. Automotive Parts Group.
The company has entered into a definitive agreement to acquire Merle's Automotive Supply (Merle's), with an effective close date of May 1, 2017.
Merle's, founded in 1969 and based in Tucson, Arizona, is a 14 location automotive parts distributor serving both the commercial and retail markets in the greater Tucson and southern Arizona area.
The addition of Merle's will consolidate into the U.S. automotive operations and is expected to generate approximate annual revenues of $45 million.
"Merle's is a leading automotive distributor in the greater Tucson area, and this strategic acquisition significantly enhances our automotive store footprint and competitiveness in the Arizona marketplace," CEO Paul Donahue said. "We are excited to welcome the Merle's team to the U.S. Automotive Parts and GPC family and look forward to working with them and continuing our shared tradition of providing quality parts and excellent service to our customers."
In this on-demand webinar from the AMCS Group, discover how mobile access to maintenance data empowers fleets to make faster decisions, optimize scheduling, and generate real ...
Experts from 3M, John Ascheman and Todd Mathes, emphasize the importance of using digital inventory and billing tools like 3M™ RepairStack™ to document materials usage in detail...
Are you aware of the hidden costs lurking behind ignored maintenance? This eBook reveals how neglecting upkeep can inate repair bills, induce downtime, and harm reliability. ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
