Ritchie Bros. Related Content

Ritchie Bros. to Showcase Insights at CONEXPO-CON/AGG

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

Ritchie Bros.’ February Auction to Surpass 10K Equipment Items and Vehicles

Ritchie Bros. will host its February auction in Orlando, FL, its premier global event, from Feb. 20 to Feb. 24. The event will feature more than 10,000 items from more than 800 owners, with all items to be sold to the highest bidders regardless of price. read more

Ritchie Bros. Receives $500MM Investment from Starboard Value

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

Ritchie Bros. and IAA Amend Merger Agreement

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

Ritchie List Surpasses More Than 75K Equipment & Vehicle Listings in 2022

Ritchie List, based on Ritchie Bros.' Mascus technology, grew its customer base by more than 300% last year and surpassed 75,000 active listings for equipment, vehicles and other assets. read more

Ritchie Bros. Acquires Controlling Stake in VeriTread

Ritchie Bros. acquired a controlling stake in VeriTread, a transportation technology and services company. read more

Ritchie Bros. Makes More Than $50MM at Pacific Northwest Auction

Ritchie Bros. conducted its largest auction ever in the Pacific Northwest and sold more than 3,700 items from five locations in one online auction, generating more than $50 million in gross transaction value. read more

Ritchie Bros. and IAA Receive Regulatory Clearance for Proposed Acquisition

The waiting period for the proposed acquisition of IAA by Ritchie Bros. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, while the entities received a no-action letter from the Canadian Commissioner of Competition. read more

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 auction was held in Fort Worth, TX. read more

Ritchie Bros.’ Fandozzi Recognized as CEO Innovator of the Year by The Globe & Mail

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

Mini Excavator Sales on the Rise, Excavator Large Unit Volumes Down

According to Ritchie Bros.’ recent November Market Trends Report, there has been a continued rise in popularity of compact earthmoving equipment, as U.S. excavator large unit volumes are down significantly in 2022, while mini excavator sales have been increasing. read more

Ritchie Bros. Sells More Than $64MM of Equipment and Trucks in Houston

Ritchie Bros. attracted more than 11,200 online bidders to compete for more than 6,000 items, generating more than $64 million in gross transaction value at its final auction of the year in Houston. read more

Ritchie Bros. Generates More Than $73MM at Edmonton Auction

Ritchie Bros. attracted more than 16,500 bidders to compete for more than 10,000 items, generating more than C$99+ million ($73 million) in gross transaction value at its fifth Edmonton, AB, auction of the year. read more

Ritchie Bros. Delves Into Aerial Equipment Trends in October Report

Ritchie Bros.’ October Market Trends Report reported on sales of key aerial equipment categories in North America, specifically boom lifts, scissor lifts and telehandlers. read more

Ritchie Bros. to Host Auction From Feb. 20-24 in Orlando, FL

Ritchie Bros. will host its annual global auction event in Orlando, FL, from Feb. 20 to Feb. 24, 2023. Bidding for the February 2023 Orlando auction will be available online and in-person, with a live auctioneer and bid catchers onsite. read more

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