Alcopa Auction, founded in 2011, has rapidly emerged as the premier operator of used car auctions in France, setting itself apart as the leader in the physical automobile auction market. With a staggering 122,000 lots sold in 2023, the company's status as a key player in the industry is undeniable. Alcopa Auction's growth trajectory has been marked by the integration of 7 auction companies, strengthening its position and reach in the market.
Operating in 7 physical sales rooms across France, including locations in Beauvais, Paris, Rennes, Nancy, Tours, Lyon, and Marseille, some of which have been active for over 25 years, Alcopa Auction has solidified its presence in the country. Not content with dominating the French market alone, the company has made significant strides towards European expansion, evident in its recent acquisition of a sales room near Madrid, Spain.
Notably, in addition to physical auctions, Alcopa Auction offers daily online sales, featuring hundreds of vehicles ranging from cars, motorcycles, and light commercial vehicles to agricultural machinery and construction equipment. The company's diverse range of vehicles caters to a wide spectrum of budgets, providing customers with access to attractive prices.
Alcopa Auction's forward-looking approach, as evidenced by its expansion into the European market, signals a promising outlook for the company. While details of the company's recent investments and investors are not available, the company's strong foothold in the French market and its strategic move towards European expansion make it a compelling prospect for potential venture capital investors seeking opportunities in the automotive auction industry.