11:00 AM EDT, 05/01/2024 (MT Newswires) -- Genuine Parts ( GPC ) said Wednesday that it acquired Motor Parts and Equipment, effective Tuesday.

Motor Parts operates NAPA Auto Parts stores in 181 locations across Illinois, Indiana, Iowa, Michigan, Minnesota, and Wisconsin, according to Genuine Parts ( GPC ).

The deal aligns with Genuine Parts' ( GPC ) goal of owning more NAPA stores in priority markets, the company added.

Financial details of the acquisition were not disclosed.

Price: 156.77, Change: -0.44, Percent Change: -0.28