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Imperial Dade Acquires Mid Continent Paper & Distributing

GPC Agrees to Acquire Remaining Stake of Inenco Group

Genuine Parts Co. (NYSE: GPC), Atlanta, has agreed to acquire the remaining 65% stake of Inenco Group, Sydney, Australia. Terms of the transaction were not disclosed.

Genuine Parts previously purchased a 35% stake in Inenco in 2017, and held the opportunity to acquire the remaining stake at a later date. The acquisition is expected to close on July 1, 2019.

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