O REILLY AUTOMOTIVE INC acquired Mayasa (Mayoreo de Autopartes y Aceites, S.A. de C.V.), a transaction completed in November 2019, structured as stock purchase.
Mayasa (Mayoreo de Autopartes y Aceites, S.A. de C.V.) operates in Automotive aftermarket parts (Mexico), is based in Guadalajara, Jalisco, Mexico. O'Reilly entered into a definitive stock purchase agreement with the shareholders of Mayoreo de Autopartes y Aceites, S.A. de C.V. ('Mayasa'), headquartered in Guadalajara, Jalisco, Mexico, to acquire all of the outstanding shares of Mayasa and affiliated entities. Mayasa was founded in 1954 and operated five distribution centers supporting 20 company-owned stores and serving over 2,000 independent jobber locations throughout Mexico, with more than 1,100 team members. The acquisition represented O'Reilly's inaugural expansion outside the United States and was expected to close in the fourth quarter of 2019, subject to regulatory approvals.
From its beginning over 65 years ago, Mayasa built a successful business focused on the same culture values of hard work and excellent customer service key to O'Reilly's success; the seasoned Mayasa team would continue to operate the business.
A 65-year-old family-operated supplier with five distribution centers, 20 stores and 2,000+ jobber locations that opened O'Reilly's first international market. Mayasa's seasoned management team to continue operating the business, partnering with O'Reilly's leadership; more than 1,100 Mayasa team members joined O'Reilly.
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 2,000 independent jobber locations throughout Mexico.Greg Johnson, CEO and Co-President, O'Reilly Automotive
Advisory firms were not disclosed for this transaction.