Genuine Parts Company announced today an acquisition for its European Automotive business. Effective April 12, 2022, Alliance Automotive Group (AAG), the Company’s wholly-owned automotive distribution company based in London, U.K., acquired Lausan Group (Lausan).
Lausan, founded in 1953 and based in Bilbao, Spain, is a leading distributor of automotive aftermarket parts in Spain and Portugal, which represent the 5th largest car parc in Europe. Lausan serves its customers from an established network, including one national distribution center, nine regional hubs and 37 stores. The Company expects Lausan to generate annual revenue of approximately €115 million ($125 million USD).
“We are pleased to expand our European automotive footprint with the addition of Lausan,” said Paul Donahue, Chairman and Chief Executive Officer of GPC. “With our entry into Spain and Portugal, we expect to further strengthen Lausan’s market-leading position by capitalizing on our European scale and purchasing expertise, as well as leveraging the roll-out of our NAPA brand across this region. We welcome the Lausan team to the GPC and AAG family and are excited to work together to maximize the growth opportunities in our European business.”
With the addition of Lausan, AAG operates in nine European countries: France, the UK, Ireland, Germany, the Netherlands, Belgium, Poland, Spain and Portugal.
About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company’s Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. The Company’s Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the Company serves its global customers from an extensive network of more than 10,000 locations in 17 countries and has approximately 52,000 employees.
Further information is available at www.genpt.com.
About Alliance Automotive Group
Alliance Automotive Group is a leading distributor of light and commercial vehicle parts to the independent aftermarket in France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. AAG does business under the Groupauto France, Precisium Group and Pièces Auto in France, Groupauto UK and UAN in the UK, Groupauto Ireland in Ireland, Alliance Automotive Group Germany in Germany, Groupauto Poland in Poland, Partspoint, Precisium and Winparts in the Netherlands and Belgium and Lausan and Soulima in Spain and Portugal. AAG serves approximately 50,000 garages with over 100,000 different parts for repair and maintenance from a network of more than 700 company-owned stores and more than 1,700 affiliated outlets.
Further information is available at www.allianceautomotivegroup.eu.
