News 

Advance Auto Parts Inc announced that it had agreed to acquire General Parts International for USD 2.04 billion. After the acquisition the company will become the largest after-market auto parts supplier. General Parts International is a privetly owned distributor and supplier for original equipment and after-market product replacement, and it owns brands including Carquest and Worldpac.

Advance Auto Parts Inc states that its revenue will break USD 9.2 billion after the acquisition, surpassing the market-leading AutoZone Inc, whose adjusted revenue (up until August) was USD 9 billion.