Genuine Parts Company (GPC), parent company of NAPA, will split its automotive and industrial business, the company announced Tuesday.
"Genuine Parts Company has a proud history of evolving with our markets for nearly a century," says Will Stengel, chair-elect and CEO. "Over the past decade, we established leading global footprints in attractive geographies, simplified our business mix and accelerated strategic investments to advance and differentiate our business. Creating two focused, independent companies sharpens customer and market alignment, increases clarity and speed, simplifies operations and enables disciplined, business-specific investments to unlock long-term value."
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There are no changes to the GPC executive team and company names, executive teams and boards of directors for the two new companies will be announced later. The transaction is expected to be completed in the first quarter of 2027.
In the U.S., NAPA operates 51 distribution centers, around 6,000 stores and 27 Traction Heavy-Duty parts stores. The company's presence in Canada includes 13 distribution centers and nearly 700 stores. In Mexico, it has 12 stores. Automotive parts accounted for more than 60% of the company's total net sales in 2024.
The new global automotive company will be "a more focused automotive aftermarket platform able to more effectively capitalize on local customer needs and market trends," the company says. In 2025, it generated more than $15 billion in sales. It is expected to deliver accelerating growth and margin expansion, maintaining investment-grade credit metrics and a tailored capital structure to support future capital investment priorities.
The new company will prioritize high-return organic investments across sales and stores, technology, supply chain and accretive bolt-on acquisitions, GPC says.
The Industrial Parts Group includes the Motion brand in North America. It's headquartered in Birmingham, Ala., and has 17 distribution centers, 534 branches and 77 service centers. Its major products include bearings, transmission products, automation solutions, hoses, hydraulic and pneumatic components, industrial and safety supplies, seals and pumps, and more. In 2025, global industrial generated $9 billion in sales.
"Motion is well-positioned to extend its industry leadership position in a fragmented $150 billion global market through its differentiated customer value proposition driven by solution-based selling, technical and product expertise, product breadth, delivery coverage and service excellence," the company says. "Motion will continue to benefit from long-term secular tailwinds including reshoring and near-shoring opportunities, automation and robotics, artificial intelligence infrastructure build out and the increasing scarcity of manufacturing technical expertise."
