IronPlanet and Finning plan UK machine auction

IronPlanet and Finning are planning a public auction of construction machines on April 20th 2016. This inaugural European auction will include quality used Caterpillar equipment and will be hosted by Finning. The auction will take at the Rockingham Motor Speedway in Northamptonshire. The event will be the first in a series of quarterly unreserved auction events across locations in the UK, aimed at buyers of used heavy equipment. The on-site auction will be supported by IronPlanet’s online marketplace, all
February 3, 2016 Read time: 2 mins
714 IronPlanet and 1413 Finning are planning a public auction of construction machines on April 20th 2016. This inaugural European auction will include quality used 178 Caterpillar equipment and will be hosted by Finning.

The auction will take at the Rockingham Motor Speedway in Northamptonshire. The event will be the first in a series of quarterly unreserved auction events across locations in the UK, aimed at buyers of used heavy equipment. The on-site auction will be supported by IronPlanet’s online marketplace, allowing bidders to attend online from anywhere in the world.

The auction will feature Cat equipment from Finning, as well as additional machines from other dealers, rental customers, and construction companies in the UK and across Europe. Each machine will be showcased on IronPlanet.com in advance of the April auction, and buyers unable to attend the auction in person can bid online in real-time.

Each unit will be backed by IronPlanet’s trademark IronClad Assurance equipment inspection certification and inspection reports, which comprehensively detail and guarantee the condition of the machine to its potential buyer.  

Cat Auction Services became part of IronPlanet in April 2015. The onsite auction in the UK is an example of how that merger has since developed, and is the result of successes at similar auctions held in North America and Canada.
Finance & Funding

For more information on companies in this article

Related Content

  • Ritchie reaches record
    March 2, 2012
    Auction firm Ritchie Bros says that it is now one of the world's largest online retailers, with Internet sales of equipment surpassing US$1 billion/year.
    Read More
  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
    Read More
  • Hewden sets date for used plant and equipment auction online
    August 3, 2015
    Europe’s largest direct from user auction event, the Hewden August Auction, will be held August 12. The Hewden August auction features power tools, generators, power and lighting towers, amp welders and even 13tonne Caterpillar excavators. The auction comprises ex-rental machinery and cranes owned and operated from new by Hewden. For those who cannot make the event in person, the auction is powered online by Proxibid, where the online provider’s fraud protection technology protects both buyers and seller
    Read More
  • Auction firm Ritchie reports strong results
    February 6, 2014
    Auction firm Ritchie Bros reports strong performance for its online construction machinery marketplace, EquipmentOne, in the first year since the service was set up. The service is complementary to the firm’s unreserved auction business and provides an online marketplace for the sale of equipment. The company says it offers buyers and sellers a place in which to negotiate, complete and settle transactions in a safe and transparent environment. This was initially launched in early 2013 and had a full commerc
    Read More

Highlighted Content