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Articles by Ritchie Bros
RB Global Announces Executive Leadership Appointments, Organizational Updates
RB Global announced executive leadership appointments and organizational updates to position the Company for its next phase of growth and industry leadership as the world's most trusted global equipment marketplace. The leadership and organizational changes are effective Oct. 8, 2026 “We have built RB Global into a powerful global marketplace with leading positions across increasingly diverse and attractive sectors," said Jim Kessler, CEO of RB Global.
Ritchie Bros. Launches Redesigned Mobile App
Ritchie Bros. announced the launch of its redesigned mobile app, giving buyers the same bidding power on their phones as on their desktops. Developed in response to buyer feedback, the update transforms the app from a mobile browsing companion into a fully native bidding and transaction experience. The new Ritchie Bros. mobile app offers buyers a faster, easier way to search inventory, track watchlists and place bids directly from their mobile devices, according to the company.
Ritchie Bros. Sets Site Record in Grande Prairie with $68.7M Auction, More Than Doubling Year Over Year
Ritchie Bros. Auctioneers (Canada) Ltd. announced Ritchie Bros. Auctioneers generated more than $68.7 million in gross transaction value (GTV) during its April auction in Grande Prairie, Alberta. The result set a new site record and more than doubled year over year, exceeding 2.5 times the prior year's performance. The auction attracted nearly 10,000 bidders, with more than 1,100 buyers actively competing across construction, transportation, forestry and energy sectors.
[Tribune] L'explosion du prix du pétrole redéfinit les choix d'investissement en matériels TP à l'échelle mondiale
Les fluctuations des prix de l’énergie dans le monde mettent en évidence à quel point les secteurs à forte concentration en matériels sont étroitement liés aux marchés des carburants. Pour les secteurs dépendants du diesel, tels que la construction et l’agriculture, la hausse des coûts d’exploitation incite les entreprises à revoir leur stratégie en matière de matériels de production.
Ritchie Bros. Sets Stage for 2026 Orlando Auction
RB Global Inc. shared new details and featured equipment highlights ahead of the Ritchie Bros. Auctioneers February 2026 Orlando auction, from Feb. 16 to 20 at the company's Orlando facility. Known as the world's largest equipment auction, the Orlando event brings together buyers and sellers from across construction, transportation, agriculture, energy and other industries. Assets will sell throughout the week through live onsite bidding, online participation and timed auction formats.
Ritchie Bros. Completes Acquisition of J.M. Wood Auction Co.
Ritchie Bros. Auctioneers (America) Inc., a subsidiary of RB Global Inc., has acquired J.M. Wood Auction Co. Inc. The collaboration aims to combine regional expertise and global resources to enhance customer service offerings in Alabama and neighboring states, preserving J.M. Wood's legacy while leveraging Ritchie Bros.' digital capabilities and value-added services. RB Global Inc. announced its wholly owned subsidiary, Ritchie Bros.
Ritchie Bros. sells over 14,500 items at its biggest Canadian auction yet
The Ritchie Bros. five-day Edmonton, Alberta, auction attracted 21,000+ bidders from 43 countries to compete for a record 14,500+ items. Ritchie Bros. Auctioneers sold 14,500+ equipment items, trucks, and vehicles at its auction in Edmonton, Alberta, last week. The five-day auction generated nearly CA$250 million in gross transaction value (GTV) – a new Canadian record.
Ritchie Bros. auction features 16,500+ heavy equipment assets and vehicles
Ritchie Bros. Auctioneers' February 19 to 23, 2024 auction in Orlando will feature a record-setting 16,500+ items – over 20 percent more lots than its 2023 auction. Equipment highlights in the Orlando auction include 3,700+ construction equipment lots, 1,200+ transport trucks, 250+ units of aggregate equipment, 60+ cranes, thousands of attachments, and more. Bids in the auction can be made in-person, online in real-time, or via Ritchie Bros.' mobile app.
Kiloutou Germany joins SmartEquip Network to boost equipment lifecycle efficiencies
, /CNW/ - SmartEquip, a leading provider of equipment service and parts procurement solutions, is proud to announce the addition of Kiloutou Germany, a major subsidiary of Europe's third-largest generalist equipment rental company, Kiloutou Group, to its global network. Kiloutou Group has been a leader in the equipment rental industry for over 40 years, combining economic performance with environmental and human values to deliver the most innovative solutions to a diverse customer base.
Ritchie Bros. sells CA$225+ million of equipment & vehicles in April Edmonton event
The five-day auction attracted 21,000+ bidders from 50 countries to compete for 12,000+ items , /PRNewswire/ - Last week Ritchie Bros. conducted its largest Canadian auction of the year, selling 12,000+ equipment items and vehicles over five days, generating CA$225+ million (US$164+ million) in gross transaction value.
Ritchie Bros. finishes acquisition of IAA
Ritchie Bros. Auctioneers Incorporated has completed its acquisition of IAA, Inc. 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. "The closing of the IAA acquisition represents the beginning of an exciting new chapter for Ritchie Bros.
RITCHIE BROS AUCTIONEERS INC : Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance
Item 1.01. Entry into a Material Definitive Agreement. The information contained in Item 2.03 of this Current Report on Form 8-K is incorporated herein by reference. Item 1.02. Termination of a Material Definitive Agreement. On February 17, 2023, the Company delivered a conditional notice of redemption to holders of its 5.375% Senior Notes due 2025 (the "Existing Notes").
Ritchie Bros. sells 5,100+ items for US$52+ million in Rocky Mountain Regional Event
Two-day onsite and online auction attracted 12,300+ bidders from 45+ countries , /CNW/ - Last week, Ritchie Bros. sold 5,100+ items from three locations in its Rocky Mountain Regional Event, generating US$52+ million in gross transaction value. The March 8 – 9, 2023 online and onsite auction attracted more than 12,300 bidders from 45+ countries, with buyers from the United States purchasing 92% of the equipment.
Ritchie Bros. to simulcast March 17 Las Vegas online auction at CONEXPO/CON-AGG
2,100+ items will be sold from Ritchie Bros.' Las Vegas site & simulcast to its booth on the show floor , /PRNewswire/ - Next week Ritchie Bros. will be at CONEXPO/CON-AGG in Las Vegas, NV, the largest equipment trade show in North America. At its booth in the West Hall (#43001), Ritchie Bros. will be presenting its full suite of services, designed to help fleet owners manage the entire equipment lifecycle, from purchase through disposition.
Ritchie Bros. sells CA$72+ million of equipment & vehicles in Edmonton, AB
Three-day public auction attracted 15,300+ bidders from 40+ countries, competing for 5,500+ items , /CNW/ - Last week, Ritchie Bros. sold 5,500+ equipment items, trucks, and vehicles at its site in Edmonton, AB, generating CA$72+ million (US$52+ million) in gross transaction value. The March 1 – 3, 2023 online and onsite auction attracted more than 15,300 bidders from 40+ countries, with approximately 93% of the equipment selling to Canadians, including 62% purchased by Albertans.
Rouse Services celebrates record-breaking customer growth in 2022
The Ritchie Bros.-owned company will launch its new inventory management system, Fleet Manager, at CONEXPO/CON-AGG in Las Vegas, NV next week , /PRNewswire/ - Rouse Services is a leader in construction equipment market intelligence, with a 100+ years of industry expertise, along with unrivaled data precision, and first-class customer service.
SmartEquip celebrates record global network growth, supporting equipment owners, dealers and manufacturers
Meet the equipment lifecycle & parts procurement technology company at CONEXPO-CON/AGG , /PRNewswire/ - SmartEquip is the leading technology standard for equipment lifecycle management, service, and procurement support for the construction industry, with US$1.4+ billion in equipment parts ordered through its network each year. Founded in 2000, the company's platform provides a seamless brand-enhancing experience for fleet owners, manufacturers, and distributors of complex equipment.
Ritchie Bros. sells US$244+ million of equipment in its 2023 Premier Global Auction in Orlando, FL Original
Five-day public auction attracted 22,600+ bidders from 80+ countries competing for 13,300+ items , /CNW/ - Last week Ritchie Bros. sold 13,300+ equipment items, trucks, and vehicles at its Premier Global Auction in Orlando, FL, generating US$244+ million in gross transaction value. The February 20 – 24, 2023 auction attracted 22,600+ people from 80+ countries, with approximately 83% of the equipment selling to U.S. buyers, including 18% purchased by Floridians.
RITCHIE BROS AUCTIONEERS INC : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) | MarketScreener
(RBA) Delayed Nyse - 04:00:01 2023-02-21 pm EST 61.44 USD -1.84% 02/20 Ritchie Bros. auction in Houston hits US$61+ million PR 02/17 Ritchie Bros Supporters, Opponents Trade Barbs Over IAA Merger MT 02/17 Luxor Capital Releases Presentation to Fellow Ritchie Bros. Shareholders AQ Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Summary Most relevant All News Analyst Reco.
Ritchie Bros. auction in Houston hits US$61+ million Original
February 14 - 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items , /PRNewswire/ - With its first Houston, TX site auction of the year, Ritchie Bros. attracted more than 14,500 bidders to compete for 6,500+ items, generating US$61+ million in gross transaction value. Approximately 87% of the equipment in the February 14 - 16, 2023 auction was sold to U.S. buyers, including 48% purchased by Texans.
Ritchie Bros. to show updated inventory management system
Ritchie Bros. will showcase its growing list of insights, services, and transaction solutions at CONEXPO-CON/AGG. Over the past several years, Ritchie Bros. has been building out its equipment and vehicle marketplace, with data solutions, value-added services, and different ways to buy and sell assets. At its booth in the West Hall, Ritchie Bros.
Visit Ritchie Bros. at CONEXPO-CON/AGG this March in Las Vegas, NV Original
Showcasing all its solutions in one place, the company will celebrate the launch of an updated inventory management system at North America's largest construction equipment tradeshow VANCOUVER, BC , /PRNewswire/ - This March in Las Vegas, NV Ritchie Bros. will showcase its growing list of insights, services, and transaction solutions at CONEXPO-CON/AGG, the largest equipment tradeshow in North America. Over the past several years, Ritchie Bros.
Ritchie Bros.' February Orlando, FL auction surpasses 10,000+ equipment items & vehicles Original
Premier global auction on February 20 - 24, 2023 features items from 800+ owners ORLANDO, Fla. , /PRNewswire/ - Ritchie Bros.' February Orlando auction is its premier global event, with 200 acres of heavy equipment and trucks selling in just five days. This year's event on February 20 - 24 features more than 10,000 items from 800+ owners, with all items to be sold to the highest bidders regardless of price.
RITCHIE BROS AUCTIONEERS INC : Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) | MarketScreener
Item 1.01 Entry into a Material Definitive Agreement. On January 22, 2023, Ritchie Bros. Auctioneers Incorporated (the "Company" or "RBA") entered into a securities purchase agreement (the "Purchase Agreement") with Starboard Value LP ("Starboard Value"), certain of its affiliated funds (the "Purchasers"), and Jeffrey C.
RITCHIE BROS AUCTIONEERS INC : Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits (form 8-K) | MarketScreener
Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on November 7, 2022, Ritchie Bros. Auctioneers Incorporated, a company organized under the federal laws of Canada (the "Company" or "RBA") entered into an Agreement and Plan of Merger and Reorganization (as amended or otherwise modified prior to the date hereof, the "Original Merger Agreement") with IAA, Inc., a Delaware corporation ("IAA"), Ritchie Bros.
Ritchie List surpassed 75,000+ equipment & vehicle listings in 2022 Original
Last year the site grew its customer base by 300% and increased listings by more than 100% VANCOUVER, BC , /PRNewswire/ - Selling equipment on your own is a lot easier with , which provides customers the control they want and the tools they need to sell privately for top dollar.
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