Manheim was the backer for ICA's first expansion when it acquired CMA, which was followed by NCA in March last year. ICA (Holdings) managing director John Bailey said: 'It was inevitable that the group would have to rebrand itself with a single name. It amounts to the consolidation of a roller-coaster three years in which the ICA group has grown from just two centres to a nationwide group of 18 centres.'
The new name will act as the signal for the launch of a host of Manheim Auctions branded products in the UK, including Internet-based sales such as Cyberlot and Manheim Certified, which offers a quality guarantee on auction sales.
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