Ritchie Bros. intends to commence an offering for approximately $935 million aggregate principal amount of two series of senior notes to partially fund its previously announced acquisition of Euro Auctions. read more
DEC 7, 2021 - 6:15 am
Ritchie Bros. sold more than 2,700 equipment items and trucks for 400 consignors, generating more than C$51 million ($41 million) in gross transaction value at a recently held three-day unreserved auction in Grande Prairie, AB. read more
DEC 6, 2021 - 6:12 am
Ritchie Bros. signed up two major farm auction packages for 2022 in Torquay, SK, and The Pas, MB. The two auctions, which are being held for Hanson Farms and Marlow Farms, will feature more than 300 equipment items and more than 15,000 title acres. read more
NOV 24, 2021 - 6:27 am
Ritchie Bros. sold more than 3,300 equipment items and trucks for more than 375 consignors, generating more than $45 million in gross transaction value at its final auction in Orlando, FL, in 2021. read more
NOV 23, 2021 - 6:00 am
Ritchie Bros. sold more than 4,650 equipment items and trucks for 675 consignors at its recent Houston auction, generating more than $55 million in gross transaction value. read more
NOV 16, 2021 - 6:34 am
During a three-day auction from Oct. 26 to Oct. 28 at its site in Edmonton, AB, Ritchie Bros. sold more than 7,600 equipment items and trucks for more than 950 owners and generated more than C$85 million ($67.51 million) in gross transaction value. read more
NOV 12, 2021 - 6:01 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.' October Market Trends Report showed continued positive pricing trends across all its equipment indexes, with vocational truck prices up 35% in the United States, while truck tractor and medium earthmoving prices were up 46% and 38%, respectively, for the three months ending Sept. 30. read more
OCT 25, 2021 - 6:02 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
During a crane auction on Nov. 3, Ritchie Bros. will sell more than 220 items as part of a complete dispersal for Alabama-based Sparks Industrial. read more
OCT 15, 2021 - 6:10 am
At its latest Rocky Mountain regional online auction, Ritchie Bros. attracted more than 11,200 online bidders from 62 countries to compete for more than 2,900 items, generating more than $41 million in gross transaction value. read more
OCT 14, 2021 - 6:01 am
Ritchie Bros.' latest Great Lakes regional event featured more than 3,600 equipment items and trucks stored in Chicago, a new local yard in Detroit and Columbus, OH. The two-day online auction attracted more than 10,000 bidders, resulting in more than $43 million in gross transaction value. read more
OCT 8, 2021 - 5:32 am
Sharon Driscoll, CFO of Ritchie Bros., intends to retire within the next two years. As part of the succession process, Driscoll will continue to serve as CFO until the company appoints her successor and will then assume a role as an executive vice president. read more
OCT 7, 2021 - 6:18 am
Ritchie Bros. entered into a definitive agreement to acquire SmartEquip for approximately $175 million. read more
SEP 28, 2021 - 6:50 am