Copart Inc.

10/29/2018 | Press release | Distributed by Public on 10/29/2018 08:19

Copart’s New Mannheim Location in Germany to Host First Vehicle Auction Oct. 30

DALLAS (Oct. 29, 2018)- Copart, Inc. (NASDAQ:CPRT), a global online vehicle auction company, has opened its third location in Germany. The facility is located at Bruchmühlbach-Miesau, near Manneheim, Germany.

'Our buyers' appetite for vehicles in Germany is huge. I am excited that we're opening a location near Mannheim,' said Alain Van Munster, Managing Director, Copart Germany. 'It will be an important asset in supporting the Copart business model in Germany, increasing proximity to certain buyers, as well as reducing our logistics costs.'

The first vehicle auction at the new Mannheim location will be Tuesday, Oct. 30, 2018 at 12 p.m. Central European Summer Time (5 a.m. Central Daylight Time).

'With this third Germany location in Mannheim, alongside facilities already established near Hannover and Leipzig, Germany, the U.K., Ireland, Spain and Finland, Copart is truly extending its strong platform in Western Europe,' said Nigel Paget, Chief Executive Officer - Europe & the Middle East.

Eligible buyers can join auctions and bid on inventory through the Copart.de website or via the Copart Mobile App for iOS and Android devices.

'We are committed to building our network of locations in Germany and we look forward to announcing additional locations before year end,' said Copart Chief Executive Officer Jay Adair. 'I am proud of the Copart team and their effort to make Copart the number one solution for salvage in Germany.'

To learn more about Copart Germany, please visit https://www.copart.de/en/.

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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 (AVK.fi). For more information, or to become a Member, visit Copart.com/Register. Join the conversation and follow Copart on Facebook.

Contact:

Michelle Hoffman, Vice President of Marketing, Copart
[email protected] | (972) 391-5082

Fatima Ali, Communications Manager, Copart
[email protected] | (972) 391-5206