US retailer O’Reilly Automotive to acquire Canadian parts distributor Vast-Auto
Acquisition represents O’Reilly’s entrance into the Canadian automotive aftermarket.
O’Reilly Automotive, a US-based automotive aftermarket parts retailer, has announced that it will acquire Canadian auto parts distributor Groupe Del Vasto, according to a press release dated Dec. 18. O’Reilly Automotive has entered into a definitive stock purchase agreement with the shareholders of Groupe Del Vasto to acquire all the outstanding shares of the company. Groupe Del Vasto operates as Vast-Auto Distribution (Vast-Auto).
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