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Ritchie Bros. Sells Record of Nearly CA$250 million in Heavy Equipment Assets and Vehicles at Biggest-Ever Premier Canada Auction Event
Ritchie Bros. Sells Record of Nearly CA$250 million in Heavy Equipment Assets and Vehicles at Big...

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[{"type":"text","content":"\n \n \n \n Ritchie Bros. Sells Record of Nearly CA$250 million in Heavy Equipment Assets and Vehicles at Biggest-Ever Premier Canada Auction Event\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 Five-day\n \n Edmonton, AB\n \n , auction attracted 21,000+ bidders from 43 countries to compete for a record 14,500+ items\n \n \n \n \n WESTCHESTER, Ill.\n \n and\n \n EDMONTON, AB\n \n \n ,\n \n \n May 7, 2024\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\n \n Ritchie Bros\n \n . Auctioneers sold 14,500+ equipment items, trucks and vehicles at its premier\n \n Canada\n \n auction event in\n \n Edmonton, AB\n \n , last week. The five-day auction generated nearly CA$250 million in gross transaction value (GTV) – a new Canadian record.\n \n \n The\n \n April 29\n \n –\n \n May 3, 2024\n \n , online and onsite auction attracted more than 21,000 bidders from 43 countries, with approximately 94.2% of the equipment selling to Canadians, including 63.3% purchased by Albertans. The remaining 5.8% of the equipment was purchased by international buyers from as far away as\n \n Saudi Arabia\n \n ,\n \n Italy\n \n and\n \n the Netherlands\n \n .\n \n \n \"Our April-May Edmonton event once again delivered a huge selection of equipment, including lots of late-model, low-hour gear coming off recently completed jobs and ready to go to work for new owners in the next season,\" said\n \n Jeff Jeter\n \n , Chief Revenue Officer for RB Global. \"\n \n Ritchie Bros\n \n . continues to prove that we are the leading destination for buying and selling heavy equipment and transportation assets globally, with over 21,000 bidders who were active onsite, online and through our mobile app throughout the auction. We would like to thank our record number of more than 1,600 consignors for once again choosing\n \n Ritchie Bros\n \n . to deliver the results that they count on us t...