O'Reilly Automotive to acquire Canadian auto parts distributor Vast-Auto, entering Canada

O REILLY AUTOMOTIVE INC

Acquisition of all outstanding shares of Groupe Del Vasto (Vast-Auto) expected to close Jan 2024.
Vast-Auto operates 23 company-owned stores, 2 distribution centers, 6 satellite warehouses in Eastern Canada.
Over 500 Vast-Auto team members will join O'Reilly; existing management led by Mauro Cifelli to continue.
No financial terms of the stock purchase were disclosed.
This acquisition marks O'Reilly's first expansion into the Canadian automotive aftermarket.

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