There’s a fairly in-depth story in Bloomberg’s right now on the subject. The key reason Genuine Parts Group is even looking at ANYTHING is because they want to differentiate their Motion business from the NAPA business. Motion is more industrial and HD truck business. When I was with NTN bearing, Motion was a key account.
The devil is in the details and there are a lot of details.
NAPA goes to business one way and OReilly does business another way. NAPA has those pesky car care centers…. That OReilly may/may not care for. There’s lots of other business details that I’m not getting into, including an entire portion of NAPA’s business plan devoted to small business acquisitions, that one of my friends used to work for, etc.
It is interesting that none of OReilly plans seem to have made press in Aftermarket News… that also is noteworthy.