O’Reilly Automotive, Inc. to Acquire Groupe Del Vasto, Headquartered in Montreal, Canada

December 19, 2023

https://www.globenewswire.com/news-release/2023/12/18/2798115/10672/en/O-Reilly-Automotive-Inc-to-Acquire-Groupe-Del-Vasto-Headquartered-in-Montreal-Canada.html

 

SPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) — O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq:ORLY), a leading retailer in the automotive aftermarket industry, announced that it has entered into a definitive stock purchase agreement with the shareholders of Groupe Del Vasto, headquartered in Montreal, Quebec, Canada, under which O’Reilly will acquire all of the outstanding shares of Groupe Del Vasto and its affiliated entities. The stock purchase is expected to be completed in January 2024, subject to customary closing conditions and regulatory approvals. Groupe Del Vasto operates as Vast-Auto Distribution (“Vast-Auto”).

Read more at globenewswire.com

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