Announced

O’Reilly Automotive to acquire Mayasa Auto Parts.

Synopsis

O’Reilly Automotive, a leading retailer in the automotive aftermarket industry, agreed to acquire Mayasa Auto Parts, a large specialty retailer of automotive aftermarket parts in Mexico. Financial terms were not disclosed. O’Reilly’s CEO and Co-President, Greg Johnson, commented, “We are excited to announce we have entered into a definitive agreement to purchase Mayasa, a highly respected, family operated auto parts supplier in Mexico, which operates five distribution centers that support 20 company owned stores and over 2k independent jobber locations throughout Mexico. From their beginning over 65 years ago, Mayasa has built a very successful business by focusing on the same fundamental culture values of hard work and excellent customer service that have also been key to O’Reilly’s success. Mayasa’s seasoned management team will continue to operate the business and, partnering with O’Reilly’s experienced leadership, will continue to grow the successful and profitable organization they have established. We are very happy to welcome the over 1.1k Mayasa team members to the O’Reilly family, and we look forward to working together as we build upon Mayasa’s strong and rich history in the Mexican automotive aftermarket.”

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