Skip to main content

World's largest industrial auctioneer to hold biggest ever auction

US-based Ritchie Bros Auctioneers, the world's largest industrial auctioneer, is staging its biggest ever unreserved public equipment auction. More than 9,100 heavy equipment items and trucks will be sold over the six-day event in Orlando, Florida from February 13-18, 2012.
March 2, 2012 Read time: 2 mins
US-based 318 Ritchie Bros Auctioneers, the world's largest industrial auctioneer, is staging its biggest ever unreserved public equipment auction. More than 9,100 heavy equipment items and trucks will be sold over the six-day event in Orlando, Florida from February 13-18, 2012, and the auctioneers say new items are still being added daily.

Bids can be made on-site at the more than 200-acre auction site, online in real-time at www.rbauction.com, or by placing proxy bids in person or by phone.

"Our annual Orlando auction is not just a sale, it's an event attracting bidders from all over the world," said Steve Kriebel, regional sales manager for Ritchie Bros. "The auction attracts one of the largest, most diverse audiences of consignors and bidders from around the world. Because of this, the selection of equipment featured in the auction is plentiful and there is something available for all types of buyers everywhere."

Ritchie Bros' February 2011 Orlando auction set new site records for number of sellers and registered bidders. In total, more than 7,700 registered bidders from 77 countries participated, competing for 8,000 items which the Company sold for nearly 700 equipment owners. Bidders from outside Florida purchased US$145million of equipment, including US$79 million purchased by out-of-country bidders. Online participation records were also broken during last year's five-day event. Of the total registered bidders, a record 3,300 online bidders registered and among them, a record 616 buyers purchased more than US$35million of used and unused equipment and trucks in the auction.

A major highlight of this year's auction is the thousands of used and unused late model equipment items from manufacturers such as 178 Caterpillar and 2394 Volvo, including: forklifts, loader backhoes, wheel loaders, articulated dump trucks, motor graders, motor scrapers, crawler tractors, crawler loaders, pavers, skid steer loaders and multi-terrain loaders. Established in 1958, Ritchie Bros has over 110 locations in more than 25 countries, including more than 40 auction sites worldwide.

For more information on companies in this article

Related Content

  • Ritchie Bros sets auction record in Florida
    February 23, 2015
    Heavy equipment auction specialist Ritchie Bros set a record for a recent event in Florida. The firm sold over 10,500 items of heavy equipment items and trucks at the auction, held last week in Orlando, Florida. The five-day unreserved public auction ran from February 16th – 20th and attracted over 9,350 bidders who made offers either in person at the event or online. The bidders came from 81 countries while the auction generated over $179 million in gross auction proceeds. This included over $66 million of
  • Ritchie Brothers hosts record-breaking auction
    April 25, 2012
    Auction firm Ritchie Bros has staged the world’s largest ever heavy equipment auction held between February 13 - 18. New records were set by Ritchie Brothers Auctioneers for gross auction proceeds (US$203million), number of lots sold (more than 10,000), total number of registered bidders (8,670), number of sellers (830), online gross auction proceeds (more than $47million) and number of online bidders (4,070). Every item during the six-day event in Orlando, Florida was sold to the highest bidder—regardless
  • Ritchie Bros. to sell more than 2,450 equipment items in Canada auction
    September 24, 2012
    Ritchie Bros. Auctioneers (RBA) aims to sell more than 2,450 equipment items and trucks in a two-day unreserved public auction at its Bolton, Ontario auction site starting tomorrow. Equipment available to the highest bidder includes 115 truck tractors, 54 hydraulic excavators, 46 wheeled loaders, 33 crawler tractors, 30 loader backhoes, as well as a great selection of forestry equipment and cranes. All equipment will be sold without minimum bids or reserve prices.
  • Record breaking Ritchie Bros. auction in Donington Park, UK
    July 17, 2015
    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