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Article: ADESA Acquires Two Used Vehicle Auctions From ABC Auctions.
- Article from:
- Journal of Transportation
- Article date:
- September 6, 2008
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ADESA announced 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 ADESA's commitment to continue to grow its auction business and other related businesses, such as Automotive Finance ...
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