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

  • 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
    Read More
  • Roadtec bullish with strong results
    February 21, 2017
    Roadtec says that it saw a strong financial performance in 2016 and has high hopes for 2017. Part of Astec Industries, Roadtec says that it finished 2016 exceeding its sales performance goals. The firm says that the asphalt paving market benefited from the passage of the 6-year FAST-ACT Highway Bill on December 4th, 2015. Astec Industries and Roadtec played important roles in an industry-wide campaign calling for US legislators urging them to pass the bill. “Through these efforts and many others in our i
    Read More
  • Worldwide machine sales growing
    July 18, 2012
    Steady growth in machine sales reflects global demand for construction equipment - Mike Woof reports Keynote speakers at the UK’s Construction Equipment Association (CEA) recent annual general meeting revealed steady demand for new machines worldwide. Although Europe’s economy remains troubled, worldwide machine sales are strong and exports are providing huge turnover for manufacturers. Colin Timms of Off-Highway Research said that global equipment sales last peaked in 2007 at $98 billion, falling to $55 b
    Read More
  • Successful sale
    March 1, 2012
    Euro Auction continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen.
    Read More

Highlighted Content