Insurance Auto Auctions Acquires Albuquerque Facility

May 11, 2001

Insurance Auto Auctions (IAA) Inc., providing insurance companies with turnkey solutions to process and sell total-loss and recovered-theft vehicles, acquired a greenfield facility in Albuquerque, N.M.

The new facility enables IAA to handle salvage within all of New Mexico, leveraging existing market coverage in both Texas and Arizona.

The Company currently has 58 sites across the U.S.

Topics Mergers & Acquisitions Auto

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