Copart Expand into the Middle East

View All Copart News

Copart is Proud to Announce its Recent
Expansion into the Middle East!

 

  • Only registered Members are eligible to bid on vehicles - Click Here to Register
  • Inventory is updated daily and will be viewable on the Copart UK Website or by visiting the Operations Centres
  • The Middle East auction in Dubai takes place on Thursdays with the first auction on 06/09/12
  • Inventory for Middle East is located in Dubai

Press Release:
DALLAS--(BUSINESS WIRE)--

Copart, Inc. (CPRT), a leading real-time online vehicle auction company, today announced the acquisition of Ride Safely Middle East Auction, LLC located in Dubai, UAE. This acquisition will serve as the headquarters for its operations in the GCC (Gulf Cooperation Council) which includes the countries of Kuwait, the Kingdom of Saudi Arabia, the United Arab Emirates, Qatar, Bahrain and Oman. The UAE is the second largest international destination for cars sold from Copart’s North American yards. “With an existing buyer base in the region that is familiar with Copart,” said Copart’s CEO, Jay Adair, “the decision to enter the UAE market was an
easy one. 

We feel this entry will bring significant value to our customers in the United States and the UAE. This location will allow Copart to offer
payment processing and shipping services, as well as recruit buyers from the GCC.”

“Copart is a unique company,” continued Mr. Adair, “we sell to buyers all over the world, in over 100 different countries, so when we expand
operations across the globe we expand the buyer base for our yards worldwide.”

 

Popular Topics

 

Cash for Cars