9:58 am, July 25, 2013
ONLINE salvage company Bluecycle will close down by the end of the year, it has been announced.
The Aviva-owned business will not receive new stock to sell on its website from August 12, 2013 and will close by the year’s end.
The decision was made after a ‘strategic review’ of Bluecycle’s operations, and Aviva has said it will acquire its future salvage services from Copart as part of a long-term contract.
Alex Caldwell, director of supply chain at Aviva, said: ‘This decision is part of Aviva’s strategy to focus on our core business.
‘While this move represents another step towards a leaner, more agile Aviva, we also know this is a very difficult time for Bluecycle staff, contractors and business partners impacted by this announcement. I’d like to thank everyone at Bluecycle for their hard work over the last 12 years. Our priority now is to work with those affected to ensure they get the support they need.’
Bluecycle was established in 2000 and operates two sites in the UK. It’s one of the UK’s leading car salvage auction sites.
Last year dealers right across the UK voted the firm’s innovative ‘Retail Ready’ programme Newcomer of the Year in the prestigious Car Dealer Power awards.
