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Copart Announces the Opening of Its Sixth Brazil Location

Copart, Inc., a global online vehicle auction company

News provided by

Copart, Inc.

Apr 11, 2017, 07:30 ET

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DALLAS, April 11, 2017 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, is excited to announce the opening of its sixth Brazil location. The Betim, Minas Gerais location will offer a wide selection of salvage and used vehicles.

The opening in Betim adds to Copart's strategic network of locations across Brazil, servicing a growing buyer base and adding more storage and sales capacity to meet growing demand from vehicle sellers. The increase in locations, auctions and vehicles primes Copart to provide greater convenience to all customers, which enhances and improves their experience.

Located in the metropolitan area of Belo Horizonte, Copart's Betim location is easily accessed by highway BR-362. The location, which can store up to 4,000 vehicles, hosts weekly auctions at 10 a.m. UTC-3.

"The new location in Betim supports us with our current growth in volume," said Adiel Avelar, President – Brazil. "We're very excited to celebrate our first opening outside São Paulo state."

Copart Brazil was recently honored as the best auction company with the "Prêmio Cobertura Performance 2016: Destaques Especiais – Leiloeiros Oficiais" award. The award recognizes companies and professionals who had the best performances in the insurance market.

In addition to conducting online vehicle auctions, Copart is a proud community partner. Visit TeamCopart.com for a glimpse into the many ways that the company supports local, regional and national charities, law enforcement and first responders. Copart Brazil, in particular, is proud to assist community day care Elydia Bertaiolli Duarte by donating toys for its Children's Day.

To learn more about Copart Brazil, please visit www.copart.com.br.

ABOUT COPART BRAZIL
Through online auto actions, Copart Brazil sells vehicles to potential buyers from across Brazil. Cars, trucks, SUVs, motorcycles, tractors, boats, and more are sold via www.copart.com.br on behalf of vehicle sellers, including finance companies, banks, dealers, fleet operators, rental car companies and the insurance industry.

ABOUT COPART
Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters, and in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers and cars sourced from individual owners. With operations in over 190 locations in 11 countries, Copart has more than 125,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), the United Arab Emirates, Oman and Bahrain (Copartmea.com), India, (Copart.in) and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/Register. Join the conversation and follow Copart on Facebook.

Contact:

Ciro Ronchezel, Commercial and Marketing Director, Copart Brazil
[email protected]

Michelle Hoffman, VP of Marketing, Copart
[email protected]

SOURCE Copart, Inc.

Related Links

http://www.copart.com

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