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Article: United States: ADESA Acquires Two Used Vehicle Auctions From ABC Auctions.
- Article from:
- TendersInfo
- Article date:
- August 18, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sander03
ADESA announced today that it has acquired ABC Minneapolis in Dayton, Minnesota, and ABC Nashville in Old Hickory, Tennessee.
Both used car auctions are located in major metropolitan areas, which attracted ADESA to the sites. "I have always considered Mike Hockett, CEO of ABC Auctions, to be a visionary with a knack for choosing locations in strategic markets that are beneficial to dealers and to commercial sellers," said ADESA President and CEO Jim Hallett. "Minneapolis and Nashville are two great additions to the ADESA family. These acquisitions show ADESAs commitment to continue to grow its auction business and other related ...