# Frasle Mobility to buy Dacomsa from Grupo Kuo for $389 million

Brazilian auto parts producer Frasle Mobility agreed to acquire Mexican auto spare parts distributor Dacomsa and related firms from Grupo Kuo for 2.1 billion reais ($389.5 million). The deal includes Dacomsa, Kuo Motor, Fritec, and related assets.

- Type: Acquisition
- Announced: 2024-06-24
- Where: Mexico, Mexico
- Value: $389.5M
- Status: announced
- Products: auto spare parts, engine parts, friction materials
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Frasle Mobility](https://endata.com/companies/78229.md) (acquirer)
- [Grupo Kuo](https://endata.com/companies/78230.md) (target)
- [Dacomsa](https://endata.com/companies/78231.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/FRAS-LE-S-A-9970404/news/Brazil-s-Frasle-Mobility-to-buy-Grupo-Kuo-s-Dacomsa-for-389-million-47032531/), 2024-06-24: "The acquisition is part of the company's strategy of internationalizing its business in the spare parts sector, through product diversification and brand expansion in its portfolio."
- [tyt.com.mx](https://www.tyt.com.mx/nota/la-brasilena-frasle-mobility-adquiere-las-operaciones-de-grupo-kuo), 2024-06-24: "Con este movimiento, ampliamos aún más el portafolio de la compañía, creando un poderoso centro de reposición local al estilo de lo que ya hemos consolidado en Brasil."
- [powersys.com](https://www.powersys.com/2024/07/frasle-mobility-to-buy-mexican-kuos-dacomsa-for-389-million/), 2024-07-15: "The acquisition is part of the company’s strategy of internationalizing its business in the spare parts sector, through product diversification and brand expansion in its portfolio."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.