KAR Business Unit Acquires Canadian Auctioneers

Dec 7, 2015

Impact Auto Auctions Ltd., a subsidiary of Insurance Auto Auctions (IAA) and a business unit of KAR Auction Services, has purchased the assets of Sudbury Auto Auction Ltd. (SAA). 

SAA’s facility spans 17 acres to serve the northern Ontario fleet and dealer communities. Through the transaction, IAA also becomes the sole owner of Impact Auto Auction Sudbury.

“We are excited to be adding the talented team at Sudbury Auto Auction to our national auction network,” said Terry Daniels, managing director of IAA. “Owners Dale and Lynda Harnden have been great partners for more than 23 years in helping to develop and serve the northern Ontario salvage market. We look forward to leveraging the strengths of both businesses and continuing the great tradition of whole car services that SAA is known for in this important market.”

The family-owned SAA opened its auction service in 1986 when Lynda Harnden’s father built the business from scratch. SAA sells dealer, rental, lease, fleet, and finance vehicles. Secondary to that business is a public auto auction company known as Nor Ontario Auctions, which provides public buyers with the opportunity to purchase dealer, repo and corporate consigned vehicles at auction prices. This sale also includes commercial vehicles and a variety of recreational vehicles such as ATV’s, boats, campers, motorcycles, snowmobiles and other items.

“We felt honored to be asked to formally join Impact Auto Auctions,” Dale Harnden said. “It’s been wonderful doing business with the team from Impact Auto Auctions who we’ve come to know and trust over the last 23 years. We’re excited about this opportunity and we expect this relationship will only grow stronger in the years to come.”

The Harndens will continue to support and consult with SAA during and after the transition. The business will continue to operate under the Sudbury Auto Auction name going forward. The purchase of SAA will give Impact Auto Auctions’ re-marketing division the opportunity to expand into northern Ontario, according to the company.

For more information about Impact Auto Auctions, please visit www.impactauto.ca.