TEN - O'Reilly Automotive To Acquire Mayasa Mexico Auto Parts Supply
Quick Take
O’Reilly Automotive (ORLY) announced it has agreed to acquire Mayoreo de Autopartes y Aceites [Mayasa] for an undisclosed amount.
Mayasa operates as a specialty retailer of automotive aftermarket parts in Mexico.
With the deal for Mayasa, ORLY has acquired two smaller auto parts supply chains in the last ten months, so it appears management is focusing on acquiring geographic reach and market penetration.
Target Company
Guadalajara, Mexico-based Mayasa was founded in 1954 to retail specialty automotive aftermarket parts in Mexico, serves more than 2,000 independent jobber locations across 28 Mexican states