We’re continually looking for new opportunities to grow our business and innovative ways to serve both new and existing customers. I’m pleased to announce the acquisition of HBC Vehicle Services, located in Canvey Island, England.

HBC Vehicle Services specializes in salvage vehicle auctions and related services. They have more than 50 years of experience with an extensive network and buying audience throughout Europe. HBC is a leader in salvage auction technology and operates 10 UK locations.

We are excited to welcome the entire HBC team to the KAR group of companies. ADESA, along with our offerings from Autoniq, TradeRev and AutoVIN, will be able to provide UK customers an unmatched range of automotive remarketing services. HBC Vehicle Services will be an integral part of that experience.

This acquisition is the start of our expansion into global markets, and we look forward to bringing our remarketing capabilities to the United Kingdom and beyond.