Copart Adds New Location in Mallorca, Spain

Rhea-AI Summary

Copart, Inc. (NASDAQ:CPRT) has announced the opening of its seventh facility in Spain, located in Mallorca. This expansion is part of Copart's strategy to enhance its service offerings in the region. Customers can access a broad inventory of vehicles through Copart's Mobile App. The Mallorca site will allow Copart to better serve its growing customer base in the Balearic Islands. The company, founded in 1982, operates over 200 locations globally and connects sellers and buyers through its online auction platform.

Positive

• Opening a new facility in Mallorca, Spain aims to enhance service offerings.
• Expansion reflects Copart's growth strategy in the European market.

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• None.

DALLAS, April 14, 2021 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT), a global online auto auction company announced the addition of a new location in Mallorca, Spain. The facility is in the Balearic Islands of the Mediterranean.

"We are thrilled to open Copart's seventh facility in Spain, to serve our customers," said Spain Managing Director Santiago Zamit.

Copart buyers in Spain can access a wide range of vehicle inventory any time by downloading Copart's Mobile App. Visit the Copart Mallorca page on Copart.com to view the location's contact information, sale lists and inventory.

"We are excited to continue growing our presence in Spain by opening our Mallorca location," said Copart President and CEO North America Jeff Liaw.

For a list of all Copart Spain locations, please visit Copart.es/en/locations.

ABOUT COPART
Copart, Inc., founded in 1982, is a global leader in online auto 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, fleet operators, dealers, and individual owners. With operations in 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 (Copart.fi). For more information, or to become a Member, visit Copart.com/register.

Contact:
Fatima Ali, Communications Manager, Copart
Fatima.Ali@Copart.com | (972)-391-5206

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SOURCE Copart, Inc.

FAQ

What is the significance of Copart's new location in Mallorca, Spain?

The new location enhances Copart's service offerings in Spain and reflects its growth strategy in the European market.

How many locations does Copart operate in Spain?

With the addition of the Mallorca facility, Copart now has seven locations in Spain.

Can customers view vehicle inventory from Copart's Mallorca location?

Yes, customers can view the vehicle inventory through Copart's Mobile App and on their website.

What services does Copart provide?

Copart provides online vehicle auctions for both salvage and clean title vehicles.

What is Copart's stock symbol?

Copart trades under the stock symbol 'CPRT' on NASDAQ.