Ritchie Bros. Sells Over $179MM of Equipment at FL Auction



Ritchie Bros. sold a record-breaking 10,500+ equipment items and trucks at its premier global auction in Orlando, FL. The five-day unreserved public auction attracted 9,350+ on-site and online bidders from 81 countries and generated $179+ million in gross auction proceeds, including a record $66+ million sold to online buyers.

“Our February Orlando auction is the largest auction we hold each year. The record 10,500+ industrial assets sold at this year’s sale, and the record number of worldwide bidders the auction attracted, demonstrates the global reach and cross-sector appeal of this multi-day event,” said Ravi Saligram, CEO, Ritchie Bros. “In fact, we sold more transportation sector assets at this sale than any of our previous Orlando auctions before, including a record 310 truck tractors on Friday. We’re also pleased with the strong performance of the transactions we underwrote at this auction.”

Auction Quick Facts:

  • Total Gross Auction Proceeds (in-person and online): $179+ million
  • Amount sold online: $66+ million
  • Unique registered bidders (total): 9,350+ from 81 countries, including all 50 U.S. states
  • Unique registered online bidders: 5,000+
  • Online buyers: 1,300+
  • Total number of lots sold: 10,500+
  • Total number of sellers: 875


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