Kar Auction Services has announced that its subsidiary Adesa (UK) Limited has acquired HBC Vehicle Services, headquartered in Canvey Island, England.

HBC Vehicle Services provides salvage collection and disposal services for UK insurance, fleet and accident management companies.

Kar chief executive and chairman Jim Hallett said: "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 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.

"HBC's reputation for exceptional service makes them a natural fit with our organisation, and we are very pleased to have them join the Kar group of companies."

Managing director of HBC Vehicle Services Steve Hankins said: "We are and will remain dedicated to our customers. 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.”

Adesa (UK) Limited is a wholly owned subsidiary of Kar Auction Services and is focused on bringing new products and services to the UK automotive marketplace with special emphasis on upstream remarketing services that emphasise efficiency and technology to support franchise and independent retailers.