Ritchie Bros. Auctioneers changed its corporate name to RB Global, following the successful closing of its acquisition of IAA acquisition. RB Global will go to market and do business with customers under the Ritchie Bros., IAA, Rouse and SmartEquip brands. read more

MAY 11, 2023 - 6:43 am

Ritchie Bros. Auctioneers completed its acquisition of IAA. As previously announced under the terms of the amended merger agreement, IAA shareholders will receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own. read more

MAR 27, 2023 - 7:24 am

Ritchie Bros. shareholders voted to approve the proposed acquisition of IAA. Ritchie Bros. will file final certified voting results on an 8-K with the U.S. Securities and Exchange Commission as soon as practicable. read more

MAR 15, 2023 - 7:09 am

Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. read more

FEB 28, 2023 - 7:19 am

Ritchie Bros. will showcase its growing list of insights, services and transaction solutions at CONEXPO-CON/AGG, an equipment tradeshow in North America to be held in March in Las Vegas. read more

FEB 1, 2023 - 7:15 am

Ritchie Bros. entered into a securities purchase agreement with Starboard Value and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity and $15 million common share investment in Ritchie Bros. read more

JAN 25, 2023 - 7:18 am

Ritchie Bros. and IAA amended the terms of their previously announced merger agreement. The amended agreement shifts the consideration makeup to a cash/stock mix of approximately 29% cash and 71% stock from the previous mix of 22% cash and 78% stock. read more

JAN 24, 2023 - 7:15 am

Canada's largest newspaper, The Globe & Mail, recognized Ritchie Bros.’ CEO Ann Fandozzi as its CEO Innovator of the Year. read more

DEC 2, 2022 - 7:24 am

Ritchie Bros. Auctioneers and IAA entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1 billion of net debt. read more

NOV 8, 2022 - 7:40 am

Ritchie Bros. formed a new dedicated energy team to support oil and gas customers with a suite of transaction solutions, services and insights. Kelly Kittson, director of strategic accounts for Ritchie Bros., will lead the new team. read more

JUN 15, 2022 - 7:35 am

Eric Jacobs will be joining Ritchie Bros. Auctioneers as its chief financial officer, effective June 6, 2022. Sharon Driscoll, the company's current chief financial officer, will remain with the company in an advisory capacity to assist with the transition.  read more

JUN 3, 2022 - 6:14 am

Ritchie Bros. Auctioneers’ wholly-owned, indirect subsidiary, Ritchie Bros. UK Holdings, is terminating its sale and purchase agreement of Euro Auctions following the referral of the proposed acquisition to a Phase 2 review by the UK Competition and Markets Authority. read more

MAY 2, 2022 - 7:17 am

Ritchie Bros. completed its acquisition of SmartEquip, a technology platform that supports the management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers. read more

NOV 3, 2021 - 8:35 am

Ritchie Bros. launched a new self-serve equipment listing service: RitchieList.com. The new service gives customers the control and tools to sell equipment privately. read more

OCT 20, 2021 - 6:17 am

Lisa Hook, the former CEO of Neustar and Sunrocket, will join Ritchie Bros.’ board of directors on Nov. 1. read more

OCT 18, 2021 - 12:58 pm