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Ritchie Bros. sells CA$204+ million of equipment in massive six-day Edmonton, AB auction
Ritchie Bros. sells CA$204+ million of equipment in massive six-day Edmonton, AB auction ...
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[{"type":"text","content":"\n \n \n \n Ritchie Bros. sells CA$204+ million of equipment in massive six-day Edmonton, AB auction\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 23,800+ bidders from 55 countries registered for\n \n Canada's\n \n largest equipment auction of the year\n \n \n \n \n EDMONTON, AB\n \n \n ,\n \n \n May 9, 2022\n \n \n /CNW/ - Last week\n \n Ritchie Bros\n \n . conducted its largest Canadian equipment auction of the year, selling 11,000+ equipment items and trucks for 1,600+ consignors in\n \n Edmonton, AB\n \n , and generating 204+ million (US$158M+) in gross transaction value.\n \n \n \"There was a lot of excitement in the market for our spring\n \n Edmonton\n \n auction, with many customers quick to comment on the incredible lineup of equipment we put together this year,\" said\n \n Ryan Eacrett\n \n , Vice President,\n \n Ritchie Bros\n \n . \"Late-model construction equipment was especially in demand last week in\n \n Edmonton\n \n , bringing incredible results for consignors, while transportation assets continued their long run of great pricing. We saw strong participation from bidders around the world, but Canadian buyers were very aggressive, buying up most of the assets.\"\n \n \n The\n \n May 2\n \n – 7, 2022 online auction attracted more than 23,800 bidders from 55 countries, with approximately 91% of the equipment sold to Canadians, including 56% sold to Albertans. The remaining nine percent of the assets were purchased by international buyers from as far away as\n \n Belgium\n \n ,\n \n India\n \n ,\n \n Australia\n \n , and\n \n Peru\n \n .\n \n \n Equipment highlights in the six-day auction included 300+ truck tractors, 190+ excavators, 130+ skid steers, 130+ dozers, 100+ forklifts, 60+ aerial work forms, 50+ agricultural tractors, and more. Approximately 70 items were sold for\n \n Alberta\n \n company Green Pastures Holdings Ltd.\n \n \n \"We've been buying and selling with\n \n Ritchie Bros\n \n . since we started our company 17 years ago,\" said\n \n Kevin Kossman\n \n , w...