In an effort to ramp up its business outside of North America, KAR Auction Services announced this week that its subsidiary ADESA (UK) Limited acquired HBC Vehicle Services.

Headquartered in Canvey Island, England, HBC specializes in salvage vehicle auctions and related services.

“This acquisition is the start of our expansion into new global markets, and we look forward to bringing our remarketing capabilities to the United Kingdom and beyond,” KAR chief executive officer and chairman Jim Hallett said.

“KAR is unique in that we are able to offer our customers an unmatched range of automotive remarketing services: from online and physical whole car and salvage auctions to floorplan financing and a wide range of used vehicle technology solutions such as Autoniq, TradeRev and DataScan,” Hallett continued.

HBC Vehicle Services provides efficient salvage collection and disposal services for some of the U.K.’s top insurance, fleet and accident management companies.

A leader in salvage auction technology, executives highlighted the company conducts business using a multitude of sales channels, including online auctions, and operates from 10 U.K. locations. With more than 50 years of experience, they pointed out HBC Vehicle Services has a significant buying audience throughout Europe.

“We are and will remain dedicated to our customers,” said Steve Hankins, managing director of HBC Vehicle Services.

“With KAR’s expertise and support, we are excited to accelerate our growth plans and continue to deliver competitive services to the salvage auction industry across the United Kingdom,” Hankins continued. “We look forward to finding new ways to deliver the best products and services to all of our customers.”

Hallett added, “We welcome the entire HBC team.

“HBC’s reputation for exceptional service makes them a natural fit with our organization, and we are very pleased to have them join the KAR group of companies,” Hallett went on to say.

ADESA (UK) Limited is a wholly owned subsidiary of KAR and is focused on bringing new products and services to the U.K. automotive marketplace with special emphasis on upstream remarketing services that emphasize efficiency and technology to support franchise and independent retailers.