Copart, Inc. (NASDAQ:CPRT) announced will open its seventh location in Germany. The facility is located at Magarete-Steiff-Weg 2 Itzehoe, Schleswig-Holstein, near Hamburg, the second largest city in Germany. “We are thrilled to bring our online vehicle auction platform to the German market,” said Alain Van Munster, Managing Director, Copart Germany. The first online vehicle auction […]
Copart Continues Germany Expansion with Auction Location Near Berlin
Copart, Inc. (NASDAQ:CPRT) is opening a new location in the south of Berlin, Germany. The facility is located at Nobelstr. 10 Massen-Niederlausitz, Brandenburg, Germany. This is Copart’s first location in the proximity of Berlin, the capital of Germany. It is the company’s fifth location in the country. “Our patented online vehicle auction platform is one […]
Copart Opens New Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced it has opened its third location in Germany. The facility is located at Bruchmühlbach-Miesau, near Mannheim, Germany. “Our buyers’ appetite for vehicles in Germany is huge. I am excited that we’re opening a location near Mannheim,” said Alain Van Munster, Managing Director, Copart Germany. “It will be an important asset in […]
EU Parliament Votes to Lower Vehicle Emissions
Vehicle manufacturers concerned targets beyond what consumers are willing to purchase. The European Commission is proposing to reduce the 2021 limit for emissions by 15 percent from 2025 and by 30 percent from 2030. New targets are expressed in percentages because the 95 g/km standard will have to be recalculated according to the new more […]
Copart Adds Second Location in Germany
Copart, Inc. (NASDAQ:CPRT ) announced the opening of its second location in Germany. The facility is located at Industriegelände Nobitz 6, Nobitz, Thuringia, near Leipzig, Germany. “We are proud to open our second location in Germany,” said Alain Van Munster, Managing Director, Copart Germany. “With our proximity to Leipzig, we are able to more efficiently […]
LKQ Finalizes Stahlgruber Acquisition
LKQ Corporation (NASDAQ:LKQ) today announced the closing of its acquisition of Stahlgruber GmbH from Stahlgruber Otto Gruber AG that was announced in December. Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations in Germany, Eastern Europe, Italy, and with further sales […]
BASF Launches New Resource-Saving Refinish Product Line in Europe
BASF’s Coatings division announced it has launched new product lines in Europe for its Glasurit and R-M® refinish paint brands that make automotive refinishing more sustainable. According to the company they are the world’s first refinish products manufactured according to the certified biomass balance approach, therefore contributing to reduce CO2 emissions. For the biomass […]
LKQ Corporation Acquires European Aftermarket Parts Distributor
Announces Agreement to Acquire Germany-based Stahlgruber GmbH LKQ Corporation (NASDAQ:LKQ) announced an agreement to acquire Stahlgruber GmbH from Stahlgruber Otto Gruber AG for an enterprise value of approximately €1.5 billion ($1.77 billion). Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations […]
Symach Expands Production Capacity in Italy
Symach announced it is designing a cutting-edge 3,000-square meter (32,000 sq. ft.). technical department at its facility in Calderara di Reno, Bologna, Italy. It will be equipped with a complete TRUMPF machining line including a TruPunch 3000 Sheetmaster machine for cutting sheet metal and loading, unloading and selecting parts, as well as a TruBend Series […]
AkzoNobel and HELLA S.A. Introduce Wanda Brand in Spain
AkzoNobel announced it is introducing of its vehicle refinishes brand Wanda in Europe through it’s long-term partner HELLA S.A. Spain is the first European country to see the launch of Wanda and will be introduced in other European countries starting next year. “As part of the AkzoNobel high-performing product family, Wanda draws on world-leading expertise […]
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