Record breaking Ritchie Bros. auction in Donington Park, UK

Industrial equipment auctioneer Ritchie Bros. reported its largest-ever UK auction was held in July, in Donington Park. More than 120 sellers put over 1,600 item on the block for the 900-plus bidders – all record levels, according to Ritchie Bros. All items in the unreserved public auction at the motor racing circuit were sold without minimum bids or reserve prices. Bids were placed in person at the Donington Park auction site, live online via rbauction.com and by proxy. Rupert Craven, sales direct
July 17, 2015 Read time: 2 mins
Ritchie Bros auction in Donington Park, UK
Industrial equipment auctioneer 8031 Ritchie Bros. reported its largest-ever UK auction was held in July, in 4892 Donington Park.

More than 120 sellers put over 1,600 item on the block for the 900-plus bidders – all record levels, according to Ritchie Bros.

All items in the unreserved public auction at the motor racing circuit were sold without minimum bids or reserve prices. Bids were placed in person at the Donington Park auction site, live online via rbauction.com and by proxy.

Rupert Craven, sales director for the UK and Ireland, said the quality of equipment helped attract bidders from 50 countries. Around half of the equipment in the Donington Park auction was sold to buyers outside the UK. Online buyers purchased 40% of the equipment, he said.

Among equipment sold were 245 excavators, 145 compactors, 105 telescopic forklifts, more than 30 wheel loaders and an equal number of farm tractors.

Ritchie Bros.’ next auction in Donington Park will be this autumn.
Finance & Funding

For more information on companies in this article

Related Content

  • New focus on hydraulics operations for Lonking
    January 6, 2017
    Lonking widening its product range and developing its hydraulics components operations - Mike Woof reports Shanghai-based Lonking is best known as a major supplier of wheeled loaders, and as one of the market leaders in China. The company has followed a path of diversification in recent years however, significantly widening its product range and with its excavator business in particular proving successful and taking a substantial share of the Chinese home market. Other Lonking products rolling off the produ
    Read More
  • The doors open on a record-breaking bauma China 2018
    November 22, 2018
    You can tell a lot from numbers – and this year’s bauma China exhibition is set to be a record-breaker! The exhibitor numbers represent an impressive 11% increase on the 2,958 exhibitors from 41 countries that presented their products and innovations to around 170,000 visitors at the 2016 event.
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More

Highlighted Content