Ritchie Bros. Sells More Than $54MM of Equipment at Houston Auction



Ritchie Bros. sold more than 4,980 equipment items for 675 consignors, generating more than $54 million in gross transaction value, at its fourth Houston auction of the year.

“Another strong Houston auction with a ton of customers visiting the site ahead of the event to inspect and compare items prior to bidding online,” Chuck Roberson, regional sales manager for Ritchie Bros., said. “We had a great package of late-model Cat equipment in this auction that attracted a lot of attention and some solid pricing, including a 2019 Caterpillar 349FL hydraulic excavator that sold for $260,000 and a 2021 Cat 950GC wheel loader that sold for $200,000.”

The three-day online event was held from Aug. 23 to Aug. 25 and attracted more than 11,290 bidders from 53 countries. Approximately 89% of the equipment in the unreserved auction was sold to U.S. buyers, including 47% sold to Texans. The remaining 11% of the equipment was sold to international buyers from countries such as Germany, Australia and Singapore.

“For customers who were unable to procure items in Houston, we have more than 70,000+ items selling in our upcoming auctions and online marketplaces, including a Fort Worth sale on Sept. 20 to 22 that will feature a great selection of oil and gas-related equipment, with a dedicated RB Energy Day during the event,” Roberson said. “We also have items selling every day on Marketplace-E and weekly through IronPlanet. I encourage you to visit RitchieBros.com and start searching today!”

Five Big Sellers

  • 2000 Grove GMK6200 200-ton all-terrain crane – $340,000
  • 2018 Cat 140M3 motor grader – $295,000
  • 2018 Caterpillar D6T XW dozer – $240,000
  • 2020 Vermeer D23X30III directional drill – $225,000
  • 2016 Volvo EC160EL hydraulic excavator – $212,500

Auction Quick Facts

  • Gross Transaction Value: $54+ million
  • Items Sold: 4,980+
  • Bidders: 11,290+
  • Consignors: 675


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Terry Mulreany
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