Ritchie Bros. Auctioneers

9500 Glenlyon Parkway
Burnaby, BC
CA, V5J 0C6

About Ritchie Bros.:

Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest industrial auctioneer, and one of the world's largest sellers of used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries. Ritchie Bros.™ asset management and disposition solutions include live unreserved public auctions with on-site and online bidding; EquipmentOne™, an online auction marketplace; Mascus, a global online equipment listing service; private negotiated sales through Ritchie Bros. Private Treaty; and a range of ancillary services, including financing and leasing through Ritchie Bros. Financial Services. Ritchie Bros. has operations in 19 countries, including 45 auction sites worldwide.

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Industry News

Ritchie Bros. launches Marketplace-E, a new way to buy and sell equipment

After a soft launch in late 2017, Marketplace-E is being introduced by Ritchie Bros. as its latest buying and selling solution. Complementing the company's onsite unreserved auctions and online-only auctions through IronPlanet, Marketplace-E offers sellers increased control over price, location and timing, while providing buyers access to more equipment available to purchase right away.  

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Industry News

Ritchie Bros. sells CA$60+ million of equipment in first Edmonton auction of 2018

Ritchie Bros. sells CA$60+ million of equipment in first Edmonton auction of 2018

Ritchie Bros. conducted its first Edmonton, AB auction of the year this week, selling more than 4,250 equipment items and trucks over three days (February 27 - March 1) for CA$60+ million (US$47+ million). More than 8,500 bidders from 53 countries registered to participate in the Edmonton auction, including 6,300+ online bidders. Approximately 89 percent of the equipment in the auction was sold to Canadian buyers, with buyers from Alberta purchasing 52 percent, while international buyers from countries such as the United States, China and the United Arab Emirates purchased 11 percent of the equipment. Approximately 64 percent of the equipment in the auction was sold to online buyers.

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Shows & Events

CIM holds record-breaking auction at World of Concrete

The CIM auction at World of Concrete 2018.

The National Steering Committee (NSC) for the Concrete Industry Management (CIM) program – a business intensive program that awards students with a four-year Bachelor of Science degree in Concrete Industry Management – raised more than $1.1 million in gross revenue at its annual auction, held in conjunction with the World of Concrete on Wednesday, January 24.

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