Carvana Co. (CVNA) to Acquire ADESA U.S. Physical Auction Business from KAR Global (KAR) for $2.2 Billion

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Go back to Carvana Co. (CVNA) to Acquire ADESA U.S. Physical Auction Business from KAR Global (KAR) for $2.2 Billion

Carvana to Accelerate Growth Through Acquiring ADESA U.S. Physical Auction Business from KAR Global

February 24, 2022 4:05 PM EST

Proposed 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