The Group's principal activity is to provide vehicle suppliers, primarily insurance companies, with a full range of remarketing services to process and sell salvage vehicles primarily over the Internet through our Virtual Bidding Second Generation Internet auction-style sales technology. It provides vehicle remarketing services in the United States (US) and the United Kingdom (UK). Its customers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters. It offers vehicle suppliers a full range of remarketing services that expedite each stage of the salvage vehicle sales process and minimize administrative and processing costs. In Feb 2008, it acquired AG Watson Auto Salvage & Motors Spares Limited and in Apr 2008, Simpson Bros (York) Holdings Limited.
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