Market Overview

Copart Buys Brazil's Central de Leiloes

Related CPRT
Earnings Scheduled For May 24, 2017
Which Is A Better Investment: Automakers, Auto Suppliers Or Car Parts/Service Providers?

Copart, Inc. (NASDAQ: 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.

Posted-In: News M&A


Related Articles (CPRT)

View Comments and Join the Discussion!