Copart Deutschland GmbH Opens Mannheim Location

Rhea-AI Summary

Copart Inc. (NASDAQ:CPRT) has announced the opening of a new location in Bruchmühlbach-Miesau, Germany, enhancing its operational footprint. This facility will support Copart's growth plans in Europe, enabling improved service for buyers and sellers. The Mannheim location is fully operational, designed to store vehicles from insurance companies, fleet operators, and car dealers. Copart aims to boost its international expansion and better serve its clients with increased geographical coverage.

Positive

• New location in Mannheim, Germany enhances operational footprint and geographical coverage.
• Facility will support vehicles from insurance companies, fleet operators, and dealers, potentially increasing vehicle inventory.

Negative

• None.

DALLAS, May 13, 2021 /PRNewswire/ -- Copart Inc. (NASDAQ:CPRT), a global online auto auction company, today announced the addition of a location in Bruchmühlbach-Miesau near Mannheim in Germany.

"We're excited to increase our investment in Germany to accommodate future growth," said Kai Siersleben, Managing Director of Copart Deutschland GmbH. "This new location will allow us to better serve our buyers and sellers with increased geographical coverage."

The Copart location in Mannheim is fully operational and will store vehicles from insurance companies, fleet operators and car dealers.

"This new location represents another important step in the development of our business in Germany and our expansion efforts internationally," said Jeff Liaw, Copart President and CEO of Copart North America.

For more information on Copart Germany and the new locations, visit Copart.de/Locations. For more information on Copart, visit Copart.com.

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, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 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), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). 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

View original content to download multimedia:http://www.prnewswire.com/news-releases/copart-deutschland-gmbh-opens-mannheim-location-301291148.html

SOURCE Copart, Inc.

FAQ

What is the significance of Copart's new location in Mannheim, Germany?

The new Mannheim location enhances Copart's operational capabilities, improving service for buyers and sellers.

When did Copart announce the opening of the Mannheim location?

Copart announced the opening of the Mannheim location on May 13, 2021.

How will the new Mannheim location affect Copart's growth?

The Mannheim location supports Copart's growth in Europe by increasing geographical coverage and operational capacity.

What types of vehicles will the Mannheim location store?

The Mannheim location will store vehicles from insurance companies, fleet operators, and car dealers.