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Copart, Inc.
CPRT
today announced the acquisition of Central de Leiloes LTDA, located in Sao
Paulo, Brazil. Central is a leading salvage vehicle auction company currently
providing services to many of the leading automobile insurance companies in
Brazil. Central serves the Brazilian market through five facilities located in
Sao Paulo state. This acquisition provides the Company its first physical
presence in South America.
Terms were not disclosed.
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