# Grupo Ciosa merges with AutoTodo Mexicana and acquires 75% of Jetz App

Grupo Ciosa announced a merger with AutoTodo Mexicana and the acquisition of a 75% stake in Jetz App, aiming to create the largest auto parts distribution network in Mexico with combined annual revenue of $300 million.

- Type: Acquisition
- Announced: 2024-08-06
- Where: Mexico, Mexico
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Grupo Ciosa](https://endata.com/companies/79047.md)
- [Grupo Ciosa](https://endata.com/companies/79047.md) (acquirer)
- [AutoTodo Mexicana](https://endata.com/companies/79048.md) (target)
- [Jetz App](https://endata.com/companies/79049.md) (target)

## Sources

- [aftermarketinternational.com](https://www.aftermarketinternational.com/novedades/ultimas-noticias/8808-grupo-ciosa-se-asocia-con-autotodo-mexicana.html), 2024-08-06: "Estamos convencidos de que esta fusión nos permitirá multiplicar nuestro valor y alcanzar una facturación de 300 millones de dólares (mdd) al año"
- [info-transportes.com.mx](https://www.info-transportes.com.mx/index.php/notas-corporativas/637-grupo-ciosa-fusiona-con-autotodo-y-adquiere-jetz-app), 2024-08-06: "Estamos convencidos de que esta fusión nos permitirá multiplicar nuestro valor y alcanzar una facturación de 300 millones de dólares (mdd) al año"

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