DUBAI, UAE, September 7, 2015 /PRNewswire/ --
Copart, Inc. (NASDAQ: CPRT), a leading online vehicle auction
company, today announced the opening of its new corporate regional
headquarters for the Middle East.
The new office is on the same site as its 26-acre auction facility,
with capacity to store over 2,500 vehicles. It houses both the
day-to-day operations and customer service areas for its auction
business, as well as the management offices for the region. This
location is in the centre of the Dubai Auto Zone of Dubai
Industrial City, with illustrious neighbours such as AW Rostamani,
Gargash and Al Habtor, and is close to the future site of Dubai
Expo 2020.
(Logo:
http://photos.prnewswire.com/prnh/20141126/718004 )
Copart opened its first Middle Eastern operation in Dubai, UAE, in 2012, with its first auction
there taking place in August of 2012. Moving to this new location
will better enable Copart to serve its customers, as the company
furthers its commitment to being the region's leading auto auction
company.
"We are pleased to officially open this new office in
Dubai," said Carlos Sabugueiro,
Copart's CEO of the Middle East
and Africa. "This investment shows
our confidence in and commitment to the region. Like many other
companies, we have built our regional headquarters in Dubai because of its prime location, ease of
doing business and its visionary leadership."
Copart has an ever expanding global buyer base and a growing
share of the salvage business from its Insurance customers in the
Middle East. This new location
will enable the company to add value for its buyers and sellers in
the region and beyond.
"With the addition of this prime location in Dubai, we continue to develop our footprint in
the Middle East," stated
Vinnie Mitz, Copart's president. "We
are excited about the opportunity this expansion provides for our
buyers and sellers across the globe."
To find out more, visit our website http://www.copartmea.com,
contact our corporate regional office in the Middle East on +971 (0) 4 4592700 or email us
on infouae@copart.com.
ABOUT COPART:
Copart, founded in 1982, provides vehicle sellers with a full
range of remarketing services to process and sell salvage and clean
title vehicles to dealers, dismantlers, rebuilders, exporters and,
in some locations, to end users. Copart remarkets the vehicles
through Internet sales utilizing its patented VB3 technology.
Copart sells vehicles on behalf of insurance companies, banks,
finance companies, fleet operators, dealers, car dealerships and
others as well as cars sourced from the general public.
The company currently operates in the
United States and Canada
(http://www.copart.com), the United
Kingdom (http://www.copart.co.uk), Brazil (http://www.copart.com.br),
Germany (http://www.copart.de),
the United Arab Emirates,
Oman and Bahrain (http://www.copartmea.com),
India (http://www.copart.in) and
Spain
(http://www.autoresiduos.com). Copart links sellers to more than
750,000 members in over 150 countries worldwide through its
multi-channel platform. Copart was recently ranked at the top of
Deloitte's "Exceptional 100" list of companies, which reviewed U.S.
publicly traded companies based upon a multidimensional approach to
measuring financial performance.
Copart Middle East Corporate Regional Office
Carlos Sabugueiro,
CEO - Middle East &
Africa
carlos.sabugueiro@copart.com