Copart Acquires Nordic Salvage Auto Auction Company

DALLAS, March 9, 2018 /PRNewswire/ -- Copart, Inc. CPRT, a global online vehicle auction company, announced today that it has acquired Autovahinkokeskus Oy, a salvage auto auction company based in Finland doing business as AVK.

"We are thrilled that AVK and its team members have joined the Copart family. We look forward to growing the business by providing outstanding results and service to our customers," said Copart's Chief Executive Officer Jay Adair. "AVK is the leading salvage auto auction provider in Finland and extends our European presence into the Nordic Region."

ABOUT COPART

Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators and dealers, and also sells vehicles sourced from individual owners. With operations at over 200 locations in 11 countries, Copart has more than 125,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), the United Arab Emirates, Oman and Bahrain (Copartmea.com), Spain (Copart.es) and Finland. For more information, or to become a Member, visit Copart.com/Register. Join the conversation and follow Copart on Facebook.

Contact:

Michelle Hoffman, VP of Marketing, Copart
Michelle.Hoffman@Copart.com | (972) 391-5082

Kaci Schack, Marketing Manager, Copart
Kaci.Schack@Copart.com | (972) 391-5218

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SOURCE Copart, Inc.