Copart, a leading provider of online vehicle auction and remarketing services, has announced the opening of its second facility in the Middle East, Copart Bahrain Auctions.

The new facility will open today in Manama, Bahrain, with auctions taking place every Sunday at 5 pm local time, said a statement.

Copart opened its Middle Eastern headquarters in Dubai, UAE, in 2012, with its first auction there taking place in August of 2012, it added.

Carlos Sabugueiro, CEO, Copart Middle East and Africa, said: “We are pleased to open this new facility in Bahrain.”

“We now have a solid buyer base in the region that is familiar with Copart, and it just makes sense to expand. We believe this location will bring significant value to our customers in the Middle East and across the globe. It will also help us reach more buyers from the Middle East,” he added.

Copart has signed agreements with a number of leading motor insurers in Bahrain. The company continues to attract buyers from around the GCC, where Copart offers its patented online auction technology.

Vinnie Mitz, President of Copart, said: “We are excited about the growth in the Middle East and what it ultimately means for our buyers and sellers.”

"We sell to buyers in over 150 different countries, so as our global operations expand, so does the buyer base for our locations worldwide. Copart will continue to add value for its buyers and sellers throughout the Middle East,” he added. – TradeArabia News Service