CARMEL, Ind. — KAR Auction Services (NYSE: KAR), a provider of end-to-end vehicle remarketing services, announced today that its subsidiary ADESA (UK) Limited has acquired HBC Vehicle Services. Headquartered in Canvey Island, England, HBC specialises in salvage vehicle auctions and related services.
ADESA (UK) Limited, a member organisation of the VRA, is a wholly owned subsidiary of KAR Auction Services and is focused on bringing new products and services to the UK automotive marketplace with special emphasis on upstream remarketing services that emphasise efficiency and technology to support franchise and independent retailers.
For the full press release: ADESA HBC Acquisition 061615
