Genuine Parts Co. acquires Covs Parts Pty Ltd.

On July 17, 2015, Genuine Parts Co. acquired Covs Parts Pty Ltd., a distribution company in Australia, from Automotive Holdings Group Ltd.

Deal at a glance

AnnouncedJuly 17, 2015 TypeDivestiture TargetCovs Parts Pty Ltd. Buyer Genuine Parts Co. Seller Automotive Holdings Group Ltd. SectorDistribution LocationAustralia ValueNot disclosed

Target company

Covs Parts Pty Ltd.

Australia

Distributionsector

-founded

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Buyer

Genuine Parts Co.

Company · 17 deals on record

5th transaction in distribution
2nd transaction in Australia

17deals, all time

10in this sector

2022latest

Seller

Automotive Holdings Group Ltd.

Company · 3 deals on record

3investments

1in this sector

1exits

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Questions about this deal

Who acquired Covs Parts Pty Ltd.?Genuine Parts Co. acquired Covs Parts Pty Ltd. on July 17, 2015.

Who sold Covs Parts Pty Ltd.?Automotive Holdings Group Ltd. was the seller.

What type of deal was it?It was a divestiture in the distribution sector in 2015.

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