Attached files
| file | filename |
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| EX-99.1 - EX-99.1 - GENUINE PARTS CO | exhibit1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | June 21, 2016 |
Genuine Parts Company
__________________________________________
(Exact name of registrant as specified in its charter)
| Georgia | 001-05690 | 58-0254510 |
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_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 2999 Circle 75 Pkwy, Atlanta, Georgia | 30339 | |
|
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
| Registrant’s telephone number, including area code: | 770.953.1700 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On June 21, 2016 Genuine Parts Company (NYSE: GPC) announced that it has entered into two definitive agreements.
The Company has entered into definitive agreements to acquire Auto-Camping, Ltd. and select assets within the Janitorial and Sanitation ("Jan/San") business of Rochester Midland Corporation. These two businesses combine to generate approximately $70 million in annual revenues, and both agreements are expected to close on July 1, 2016, subject to satisfaction of customary closing conditions.
Auto-Camping, with 20 locations across Canada, is a leading distributor of original equipment import parts in Canada. Auto-Camping specializes in original equipment automotive parts for European vehicles and sells to foreign repair specialists as well as original equipment dealers. The addition of Auto-Camping is expected to generate annual revenues of approximately $50 million (USD).
The Jan/San business supplies a variety of Janitorial and Sanitation accessories to more than 400 distributors primarily in North America. The Company plans to integrate this business into the Impact Products division of S.P. Richards and its growing Facilities and Breakroom Supplies product offering. This business is expected to generate incremental annual revenues of approximately $20 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 June 21, 2016
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Genuine Parts Company | ||||
| June 21, 2016 | By: |
Carol B. Yancey
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| Name: Carol B. Yancey | ||||
| Title: Executive Vice President and CFO | ||||
Exhibit Index
| Exhibit No. | Description | |
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99.1
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Press Release dated June 21, 2016 |