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

  • Auction success
    March 1, 2012
    Auction firm Ritchie Brothers has sold US$41 million worth of construction equipment at its recent auction in Dubai.
  • Auction firm Ritchie records record sales of equipment
    December 20, 2013
    Ritchie Bros Auctioneers sold some US$3.8 billion of equipment at 356 unreserved auctions around the world in 2013. This is a 3% decrease in gross auction proceeds (GAP) compared to the record set in 2012. During the fourth quarter of 2013, the firm achieved gross auction proceeds of $1.1 billion, a record for the fourth quarter and an increase of 10% compared to the same quarter of 2012. "We achieved some notable milestones during 2013," said Peter Blake, CEO of Ritchie Bros. "In Canada, our most establi
  • Ritchie Bros’ Chinese landmark
    May 29, 2013
    Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China. Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action. The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders. After many years of working with the Beijing Tianzhu Free Trade Zone Manage
  • French equipment auction due
    June 21, 2012
    Auction firm Ritchie Bros is handling two equipment sales simultaneously in St Aubin sur Gaillon and Avignon in France on June 26th. The sale includes selection of Wirtgen milling machines, excavators, dump trucks, asphalt pavers and rollers, as well as an array of other items. More than 1,100 heavy equipment items (and trucks) will go under the auctioneer’s hammer. The Avignon auction (currently featuring 270+ items) will be broadcasted live at the auction in St Aubin Sur Gaillon (currently featuring 850+