Ritchie Bros. Sells More Than $86MM at Recent Auction



Ritchie Bros. conducted its largest auction in Texas this month, selling more than $86 million of equipment and trucks for more than 800 consignors in three days. The Fort Worth, TX, auction was held from Dec. 13 to Dec. 15 and attracted more than 12,600 registered bidders from more than 65 countries, which is new December record for the site. Approximately 88% of the equipment in the auction was sold to U.S. buyers, including 43% sold to Texans. The remaining 12% was sold to international buyers from as far away as Australia, Egypt and Honduras.

“We continue to break bidder records at Ritchie Bros., reaching an unprecedented number of equipment and truck buyers from around the world,” Nicolas Agudelo, regional sales manager at Ritchie Bros., said “Having a strategic partner for the marketing and sale of used industrial assets has never been more important and no one attracts a bigger buying audience than Ritchie Bros. We have a multitude of solutions and services to meet your needs. Please contact us today so we can start marketing your assets to the world.”

Equipment highlights in the Fort Worth, TX event included more than 400 truck tractors, more than 440 aerial work platforms, 190 excavators, more than 120 skid steers, and more than 35 cranes, as well as a large selection of oil & gas-related assets sold in the dedicated RB Energy event on day three. All equipment was sold without minimum bids or reserve prices.

Five Big Sellers

  • 2014 Manitowoc 12000-1 120-ton crawler crane – $330,000
  • 2022 Caterpillar 336 hydraulic excavator – $320,000
  • 2021 Caterpillar 950M wheel loader – $260,000
  • 2015 Peterbilt w/ 365 Manitex 50155SHL straight boom truck – $255,000
  • 2019 JLG 1255 telescopic forklift – $110,000

Auction Quick Facts

  • Gross transaction value: $86+ million
  • Number of items sold: 6,700+
  • Number of consignors: 800+
  • Number of bidders: 12,600+


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com