ATLANTA — Manheim Canada has signed a partnership agreement with Source Auto Auction, a newly-created auction facility in Edmonton, Alberta. It is owned by Danny Fayad, who will lead the operation as CEO.
The announcement marks Manheim’s first venture into Western Canada. The auction site is expected to open in May.
“Our customers told us that establishing a presence in Western Canada would provide them with better access to our products, services and inventory,” said Tim Janego, Eastern regional vice president.
The Source Auto Auction management team will consist of Fayad and General Manager Darcia Cuff, who brings 30 years of remarketing and auction industry leadership experience to the location. Fayad and Cuff will work closely with Manheim Canada’s four other operating locations, as well as Manheim’s Pacific Operations team — which is led by Market Vice President Julie Picard — to integrate Manheim’s products, services and best practices into their operations.