Genuine Parts Company Announces Acquisition Of Leading Custom Cabling And Automation Solutions Distributor
Thursday, April 6th, 2017
Genuine Parts Company announced an acquisition for its Electrical/Electronic Materials Group.
EIS, the Company's Electrical/Electronic Materials Group, has acquired Empire Wire and Supply (Empire), effective April 1, 2017. Empire, headquartered in Rochester Hills, Michigan, is an innovative provider of custom cable assemblies and distributor of network, electrical, automation and safety products. Empire offers its vast product offering to its North American customer base from three locations in the U.S. and one in Canada and is expected to generate annual revenues of approximately $65 million.
Paul Donahue, President and Chief Executive Officer, stated, "Empire is a leading distributor of cabling and automation solutions as well as custom cable assemblies. Empire complements the Wire and Cable business at EIS and further strengthens our overall capabilities to serve the industrial robotic and automation markets. Their talented team has built a great business, which we intend to grow together, and we are pleased to welcome them to the EIS and GPC family."