Carvana Co. (CVNA) to Acquire ADESA U.S. Physical Auction Business from KAR Global (KAR) for $2.2 Billion
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Carvana to Accelerate Growth Through Acquiring ADESA U.S. Physical Auction Business from KAR Global
February 24, 2022 4:05 PM ESTProposed transaction will provide significant infrastructure and team to expand and enhance Carvanas customer offering with a broader selection of vehicles and even faster delivery times
At full utilization, ADESA U.S. reconditioning operations expand Carvana annual production capacity by approximately 2M units to over 3M
78% of U.S. population will be within 100 miles of a Carvana inspection and reconditioning center once ADESAs 56 U.S. sites are fully built out within Carvanas production network
Carvana will continue to operate and... More
