Copart, Inc. (NASDAQ:CPRT) announced the opening of its first German vehicle storage and auction location in Bad Fallingbostel, near Hanover.
“This is an incredible milestone for Copart. We are now offering the full Copart model to the German market, the tenth country in which our model has been implemented,” said Vinnie Mitz, President of Copart. “We have run a series of demonstration auctions in Germany to confirm that our new technology meets the stringent requirements of this market.”
Since initially entering the German market through the acquisition of Wreck Online Market (WOM), Copart has been focused on producing a first
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