CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / IAA Acquires Integrated Salvage and Vehicle Dismantling Company in UK

IAA Acquires Integrated Salvage and Vehicle Dismantling Company in UK

October 22, 2021 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced an agreement to acquire the stock of SYNETIQ Ltd., a leading integrated salvage and vehicle dismantling company in the United Kingdom, for £225 million ($309.75 million). IAA, Inc. will acquire the stock of SYNETIQ through its indirect wholly owned subsidiary IAA International Holdings Limited.

IAA logoFounded in 2019 from the merger of four entities, SYNETIQ provides salvage auction services for insurance companies, accident management companies, and other public and private sellers. In addition, the company is a leading seller of reusable parts that are dismantled from salvage vehicles and reissued into the automotive supply chain. SYNETIQ

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Acquisitions, Insurance Auto Auctions, United Kingdom

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Collision Claims and Losses Continued Down Trend in First Quarter Compared to Last Year August 1, 2025
  • Ford Releases Summer 2025 On Target Magazine August 1, 2025
  • Illinois Secretary of State Launches Auto Insurance Rate Reform Campaign August 1, 2025
  • SEMA Show to Offer Free Training Sessions in Eight Education Tracks August 1, 2025
  • CAPA Adds Three Board Members, Names Interim Leadership July 31, 2025
  • Axalta Reports $1.3 Billion in Second Quarter Sales July 31, 2025
  • Fix Auto USA Adds Collision Repair Center to Network in Temecula Valley July 31, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in