Bapcor Limited (ASX:BAP) agreed to acquire DON Kyatt Spare Parts (QLD) Pty. Ltd., H.I.M Spares, He Knows Truck Parts Pty Ltd, I Know Parts & Wrecking Pty Ltd and Japanese Commercial Spares Pty Ltd for approximately AUD 61 million on November 29, 2018. The consideration is subject to adjustments. Under the terms of the transaction, the consideration is to be paid in a combination of cash and issue of new shares of AUD 9.15 million. The new shares will be subject to voluntary escrow restrictions for a period of 12 months from their date of issue. Payment of approximately AUD 15 million of the cash consideration amount will be deferred until 12 months after completion and is subject to certain conditions. The Company will fund payment of the cash consideration component through its existing debt facilities. The transaction is expected to complete in early December 2018.