O REILLY AUTOMOTIVE INC acquired Midwest Auto Parts Distributors for $61 million in cash, a transaction completed in May 2005, structured as all cash.
Midwest Auto Parts Distributors operates in Automotive aftermarket parts distribution. O'Reilly entered into a definitive agreement on May 2, 2005 to acquire all of the outstanding capital stock of Midwest Auto Parts Distributors for $61 million in cash. The transaction was expected to close on May 31, 2005, subject to customary closing conditions, with no material relationships between the parties other than the agreement.
O'Reilly announced it had entered into a definitive agreement to purchase all of the outstanding stock of Midwest Auto Parts Distributors, expanding its distribution and store footprint.
Advisory firms were not disclosed for this transaction.