Business
Ritchie Bros. continues online success with CA$110+ million auction in Edmonton, AB
Ritchie Bros. continues online success with CA$110+ million auction in Edmonton, AB ...
About this update from Rb Global, Inc.
[{"type":"text","content":"\n \n \n \n Ritchie Bros. continues online success with CA$110+ million auction in Edmonton, AB\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n EDMONTON, AB, Nov. 2, 2020\n \n \n \n \n Four-day, online-only event attracted close to 19,000 registered bidders—up 49% year over year\n \n \n \n \n EDMONTON, AB\n \n ,\n \n Nov. 2, 2020\n \n /CNW/ - Just seven weeks after selling 10,000+ items,\n \n Ritchie Bros\n \n .'\n \n Edmonton\n \n team was back at it last week, selling another 9,200+ items for CA$110+ million (US$83+ million) over four days.\n \n \n The\n \n October 28\n \n – 31 Edmonton auction attracted 18,945 bidders from 58 countries, which is up 49% from the\n \n October 2019\n \n event. Approximately 91 percent of the equipment was purchased by Canadians, with Western Canadian buyers winning the majority of the items, while international buyers from as far away as\n \n Australia\n \n ,\n \n China\n \n , and the\n \n United Kingdom\n \n purchased nine percent.\n \n \n \"With the recent record-breaking\n \n $34 million\n \n forestry auction in\n \n Chilliwack\n \n , our\n \n $110 million\n \n sale in\n \n Edmonton\n \n last week, and the big, four-day\n \n Grande Prairie\n \n event in three weeks, we are seeing some real momentum right now in\n \n Western Canada\n \n ,\" said\n \n Andrew Lutic\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"This was our third online-only auction in\n \n Edmonton\n \n and it's working extremely well, with safe practices onsite to allow for in-person inspections. Thank you to all our consignors and buyers for continuing to put your trust in\n \n Ritchie Bros\n \n .\"\n \n \n Equipment items were sold for more than 1,100 consignors, including a package of items for long-time\n \n Ritchie Bros\n \n . customer\n \n Richardson Bros\n \n . Olds. Ltd.\n \n \n \"We miss the camaraderie of being at the auction in person, but the bidding audiences have certainly gotten bigger since\n \n Ritchie Bros\n \n . has gone all online,\" said\n \n Frank Richardson\n \n of\n \n Richardson ...