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GPC > SEC Filings for GPC > Form 8-K on 1-Nov-2013All Recent SEC Filings

Show all filings for GENUINE PARTS CO



Other Events, Financial Statements and Exhibits

Item 8.01 Other Events.

On November 1, 2013 Genuine Parts Company (NYSE: GPC) announced two acquisitions in its Industrial and Electrical Groups.

Effective October 31, 2013, the Company's Electrical Group, EIS, Inc. ("EIS"), closed on the acquisition of the assets of Tekra Corporation ("Tekra"). Tekra, headquartered in New Berlin, Wisconsin, is a leading independent coater, converter and distributor of specialty films and adhesives, which complements the fabrication capabilities at EIS. The Company expects the acquired business to generate annual revenues of approximately $75 million.

The Company's Industrial Group, Motion Industries ("Motion"), acquired the stock of AST Bearings LLC ("AST"), effective October 26, 2013. AST is a value-added supplier of high precision bearings and related products, with two locations in Montville, New Jersey and Irvine, California. The Company expects the acquired business to generate annual revenues of approximately $35 million.

A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated November 1, 2013

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