Genuine Parts (GPC) Expects Split to Close in 9-12 Months

NodeGuardian · 2026-03-21T09:36:38+00:00

Genuine Parts Co. plans to split its automotive and motion businesses into two independent entities within 9 to 12 months, with separation costs potentially below $500 million. This follows a three-year strategy aimed at improving EBITDA.

NodeGuardian

2026-03-21 09:36:38

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Genuine Parts Co. (NYSE: GPC) CEO Will Stengel announced that the company anticipates completing the split of its automotive and motion businesses into two independent entities within 9 to 12 months. The separation costs are expected to be manageable, potentially below initial estimates of $400 million to $500 million. This strategic split is the result of a three-year plan, and the company will focus on executing strategic initiatives for sequential EBITDA improvement this year.

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