Skip to main content

Ritchie Bros scores strong sales at Canadian auctions

Auction firm Ritchie Bros has scored a strong sales performance after a series of three heavy equipment auctions in Edmonton, Canada. In all, the firm sold over C$300 million worth of equipment, with this latest auction held recently accounting for C$104 million of machines. The company sold over 5,350 items of heavy equipment to customers from all over the world with the units for sale coming from 863 different sellers and strong prices being achieved. In all there were some 5,800 bidders from over 50 coun
June 17, 2014 Read time: 1 min
Auction firm 318 Ritchie Bros has scored a strong sales performance after a series of three heavy equipment auctions in Edmonton, Canada. In all, the firm sold over C$300 million worth of equipment, with this latest auction held recently accounting for C$104 million of machines. The company sold over 5,350 items of heavy equipment to customers from all over the world with the units for sale coming from 863 different sellers and strong prices being achieved. In all there were some 5,800 bidders from over 50 countries for the 5,350 items of equipment. The series of three sales held in Edmonton included over 145 excavators, more than 150 compactors, over 110 bulldozers, more than 50 articulated dump trucks and in excess of 60 wheeled loaders.

Related Content

  • IronPlanet sells US$26.8mn of used heavy equipment at latest global auction
    February 10, 2014
    IronPlanet, a leading online marketplace for used heavy equipment, has made a strong start to 2014, selling US$26.8 million in used heavy equipment and trucks during a global auction event held 28-31 January. The four-day auction included equipment listed in the US, Canada, Mexico and Europe. In total, 1,795 items were sold to over 1,000 buyers. Strong demand in the market was demonstrated by online bids placed from 78 different countries as well as from every US state and all 10 Canadian provinces.
  • Euro Auctions event in Leeds brings yearly tally to €208 million
    December 9, 2016
    The latest equipment auction by UK-based Euro Auctions at its expanded Leeds site in England achieved a hammer price of more than €28 million (£24 million). During the three-day auction in Leeds in November, 3,750 lots went under the hammer, bringing the yearly total for the site to more than €208 million (£174 million). Euro Auctions said that the stand out lot was a 2011 Komatsu PC350LC-8 excavator loaded with features that had done only 794 hours. It achieved a hammer price of nearly €66,500 (£56,0
  • IronPlanet acquires Kruse Energy and Equipment Auctioneers
    November 7, 2014
    IronPlanet, a US-based on online marketplace for buying and selling used heavy equipment, has acquired Kruse Energy and Equipment Auctioneers for an undisclosed sum. Kruse is based in Odessa, Texas, and Oklahoma City and focuses on oilfield equipment. It conducts auctions in the United States and Canada. Kruse has conducted more than 90% of the energy auctions in the United States in the past 25 years. Kruse will operate as a wholly-owned subsidiary of IronPlanet, maintaining its brand and employees. Co-
  • Major auction of construction machines planned for France
    January 14, 2015
    Canadian firm Ritchie Bros is planning a major auction for construction machines at its site in St Aubin sur Gaillon, France, on March 3rd 2015. The unreserved public auction will feature a large selection of heavy equipment items from several equipment owners, including major French contractor Eiffage Travaux Publics. The auction firm will sell all of the items without minimum bids or reserve prices. Bids can be made in the auction live in person, online and by proxy.