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Ritchie Bros.' Flexible Solutions Deliver Strong US$44 Million Onsite Sale for Industry Leader WB Pipeline
Ritchie Bros.' Flexible Solutions Deliver Strong US$44 Million Onsite Sale for Industry Leader WB...
About this update from Rb Global, Inc.
[{"type":"text","content":"\n \n \n \n Ritchie Bros.' Flexible Solutions Deliver Strong US$44 Million Onsite Sale for Industry Leader WB Pipeline\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Custom-tailored onsite plan attracts global bidders to unreserved\n \n Texas\n \n auction\n \n \n \n \n HOUSTON\n \n and\n \n WESTCHESTER, Ill.\n \n \n ,\n \n \n Aug. 17, 2023\n \n \n /CNW/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that its subsidiary\n \n Ritchie Bros\n \n . Auctioneers (America), Inc. sold nearly\n \n US$44 million\n \n of equipment for industry-leader WB Pipeline LLC on\n \n August 9\n \n , in\n \n Splendora, Texas\n \n . Thousands of bidders onsite and online around the world competed for more than 2,700 pieces of diverse, well-maintained, ready-to-work equipment items in\n \n Ritchie Bros\n \n .' largest pipeline construction auction of the year.\n \n \n The auction was part of a strategic downsizing initiative for WB Pipeline. The company will continue to serve its clients with unwavering dedication and uphold its commitment to safety, quality and customer satisfaction.\n \n \n \"The collaboration between WB Pipeline and\n \n Ritchie Bros\n \n . proved to be a winning combination, resulting in a dynamic auction atmosphere that effectively showcased the high-quality equipment available,\" said WB Pipeline CEO,\n \n William B. Haines\n \n . \"This achievement underscores\n \n Ritchie Bros\n \n .' ability to deliver outcomes for their clients, solidifying their reputation as a leader in the auction industry.\n \n \n \"We extend our heartfelt appreciation to all those who participated in the auction,\" Haines added.\n \n \n More than 5,500 people from over 40 countries registered to bid in the unreserved auction in suburban\n \n Houston\n \n . Approximately 94% of the equipment was purchased by U.S. buyers, including 64% sold to\n \n Texas\n \n buyers. The remaining 6% was sold to i...