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Posted June 8, 2018

Genuine Parts acquires German auto parts distributor

Genuine Parts Company announced an acquisition for its European Automotive business.


Alliance Automotive Group (AAG), the wholly-owned automotive distribution company based in London, U.K., has entered into a definitive agreement to acquire Hennig Fahrzeugteile Group. The transaction is expected to close by August 1, 2018, and is contingent upon satisfaction of customary closing conditions and receipt of applicable regulatory approvals.

Hennig Fahrzeugteile Group, headquartered in Essen, North Rhine-Westphalia, is one of Germany's leading suppliers of light and commercial vehicle parts. Hennig Fahrzeugteile has 31 branches across Germany and serves more than 9,000 customers, predominantly independent workshops and retailers. The Company expects the acquired business to generate annual revenues of approximately $190 million.

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