Canada NewsWire
November 22
– 24 online unreserved auction attracts 10,000+ bidders from 47 countries
GRANDE PRAIRIE, AB , Nov. 29, 2021 /CNW/ - Ritchie Bros . held a three-day unreserved auction in Grande Prairie, AB last week selling 2,700+ equipment items and trucks for 400+ consignors, generating CA$51+ million (US$41+ million) in gross transaction value.
The November 22 - 24, 2021 online auction attracted 10,000+ bidders from 47 countries. Approximately 96% of the equipment was sold to Canadian buyers, including 49% sold to Albertans, while the remaining 4% was purchased by international buyers from as far away as India , Vietnam , and Ukraine .
"We had a great selection of late-model, low-hour assets in Grande Prairie , with something for everyone, including yellow iron, trucks, a nice aggregate package, forestry equipment, and even real estate," said Terry Moon , Regional Sales Manager, Ritchie Bros . "We continued to see very aggressive bidding and robust pricing across almost every single asset category in this auction. If you have equipment and trucks to sell, I encourage you to contact us to consign today."
Mr. Moon continued, "We have online selling options with IronPlanet , Marketplace-E , Ritchie List , and an Edmonton site sale on December 9 – 11. In fact, there is a forestry retirement dispersal consignment on display in Grande Prairie right now that will be selling virtually in Edmonton . Check out the complete auction listings at rbauction.com/ Edmonton ."
Five Big Sellers from Grande Prairie :
- 2020 Peterbilt 367 tri-drive sleeper hydro vac truck – CA$460,000 (US$363,860)
- 2016 Tigercat 870C feller buncher – CA$380,000 (US$300,580)
- 2020 Volvo EC350EL hydraulic excavator – CA$380,000 (US$300,580)
- 2019 MDS M515 tracked trommel screening plant – CA$375,000 (US$296,625)
- 2020 Kenworth W990 sleeper truck tractor – CA$210,000 (US$166,110)
AUCTION QUICK FACTS: GRANDE PRAIRIE, AB ( NOVEMBER 2021 )
- Gross Transaction Value (GTV): CA$51+ million (US$41+ million)
- Total Registered Bidders: 10,000+
- Total Number of Lots: 2,750+
- Total Number of Consignors: 400
Ritchie Bros . will sell more than 70,000 equipment items and trucks in its upcoming auctions and online marketplaces, including 1,600+ items selling in Lethbridge, AB on November 30 – December 1 ; 3,000+ items selling in Toronto, ON on December 6 – 8 ; and 1,300+ items selling in Saskatoon, SK on December 8 – 9 .
The company also has weekly featured online auctions at IronPlanet ; a daily reserved option with Marketplace-E ; and a brand new equipment listing service called Ritchie List , with more than 40,000+ items already listed.
About
Ritchie Bros
.:
Established in 1958,
Ritchie Bros
. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, mining, and forestry, the company's selling channels include:
Ritchie Bros
.
Auctioneers
, the world's largest industrial auctioneer offering live auction events with online bidding;
IronPlanet
, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance® equipment condition certification;
Marketplace-E
, a controlled marketplace offering multiple price and timing options;
Ritchie List
, a self-serve listing service for
North America
;
Mascus
, a leading European online equipment listing service;
Ritchie Bros
. Private Treaty
, offering privately negotiated sales; and sector-specific solutions
GovPlanet
,
TruckPlanet,
and
Kruse Energy
. The Company's suite of solutions also includes
Ritchie Bros
. Asset Solutions
and
Rouse Services LLC
, which together provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system;
SmartEquip
, an innovative technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; plus equipment financing and leasing through
Ritchie Bros
. Financial
Services
. For more information about
Ritchie Bros
., visit
RitchieBros.com.
Photos and video for embedding in media stories are available at rbauction.com/media .
View original content: https://www.prnewswire.com/news-releases/ritchie-bros-sells-2-700-items-for-ca51-million-in-grande-prairie-ab-301432739.html
SOURCE Ritchie Bros .
View original content: http://www.newswire.ca/en/releases/archive/November2021/29/c7210.html