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Transaction to Advance Digital Strategy and Growth through Expanded Inventory, Data and Customer Base Acquisition will benefit Canadian buyers and sellers with leading OPENLANE technology and enhanced vehicle availability and visibility beyond local auctions. Commercial and dealer-to-dealer transactions to be hosted on leading OPENLANE Canada digital marketplace and supported by existing nationwide network of OPENLANE vehicle logistics centres.

Carmel-based OpenLane announced Monday that it plans to acquire Manheim Canada from Atlanta-based Cox Automotive in a $95 million deal that's expected to close within 30 days.

(RTTNews) - Openlane, Inc. (KAR) Monday said it has agreed to acquire the Manheim Canada business from Cox Automotive. The proposed acquisition a...

Transaction to Advance Digital Strategy and Growth through Expanded Inventory, Data and Customer Base Acquisition will benefit Canadian buyers and sellers with...

By Denny Jacob Openlane agreed Monday to acquire Cox Automotive's Manheim Canada business for around $95 million. The company, which provides used...