Eight Advisory Iberia provided financial advice to Alliance Automotive Group (AAG), the world's largest distributor of automotive parts, in connection with its acquisition of 100% of the share capital of Recambios Ochoa, a leading automotive parts distributor in northwest Spain. The Eight Advisory team conducted the financial due diligence for the transaction.
Eight Advisory's advisory team consisted of Gennat Mouline and Baptiste Piasentin, partners, Guillaume Héral, senior manager, and Y-Lan Nguyen, analyst.
About the operation
Founded in 1978 as a small mechanical workshop in Redondela and based in Vigo since 2017 to strengthen its logistics capabilities, Recambios Ochoa has achieved a turnover exceeding €23 million, with an average annual growth of 20% over the last five years. The company has 16 of its own stores—11 in the province of Pontevedra, 4 in A Coruña, and 1 in Ourense—and employs 170 people.
The transaction involves the integration of Recambios Ochoa into the global network of Alliance Automotive Group, a subsidiary of Genuine Parts Company, a publicly traded US company with a presence in Europe, North America, Australia, and Asia and global sales of €20.2 billion. AAG currently operates in eleven European countries and achieved a turnover of €325 million at the end of 2025, with a target of €500 million by 2028.
