Genuine Parts Co. (NYSE: GPC) is buying the rest of Exego Group, an automotive parts dealer, for $800 million.

The company bought a 30 percent stake in Exego in January 2012, with the option to purchase the rest of the company at a later date.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.