Nationwide review will improve efficiencies and drive operational growth

SYNETIQ, an IAA company and the UK’s leading vehicle salvage, dismantling and recycling business, has today announced several strategic updates to its real estate footprint. These changes will help to streamline operations for the combined IAA and SYNETIQ business, creating improved operational efficiency and cost savings for customers and clients.

For example…

To help meet growing demand, additional dismantling capacity is being integrated into the Gloucester facility. The number of dismantling ramps has doubled with the creation of a second dismantling department. The on-site warehouse and storage building has been revamped with the installation of racking.

Newark has been recommissioned to provide additional capacity and is now open to buyers.

The Glasgow, Red Lodge and Stafford sites have been expanded to double capacity at each location and create efficiencies in the processing of vehicles.

Tom Rumboll, UK Managing Director for IAA and CEO of SYNETIQ said:

“We are very pleased with the strategic footprint SYNETIQ provides, and will continue working closely to enhance our operational strategy and make appropriate business improvements.

Our company is consistently improving and streamlining the way we work to create the best possible experience for our customers and clients, and our property footprint is a key part of this. I’m really pleased to enhance our coverage and increase our capacity while reducing CO2 emissions.”

About SYNETIQ

SYNETIQ Ltd., the UK-based business unit of IAA Holdings, LLC (IAA), an RB Global, Inc. company, is the leading integrated salvage, dismantling and vehicle recycling company in the UK, formed to become the most innovative and trusted business in the industry. An integrated, data-driven and innovative business, SYNETIQ has led the way in raising industry standards and continually innovates ways of working to deliver great value, ensure complete compliance and a provide a positive experience. SYNETIQ is proud to have major household names in its portfolio, including insurers, accident management companies, fleets, police forces, logistics companies, vehicle repair body shops, and remanufacturers. With cutting-edge data and software solutions, multiple sites, a specialist vehicle recovery fleet and over 800 dedicated UK-based employees, customers and clients trust SYNETIQ to create bespoke solutions to deliver the maximum benefit for their business.

For more information about SYNETIQ visit SYNETIQ.co.uk.