Ritchie Bros. sells CA$76+ million of kit in September Edmonton public sale
Three-day on-line occasion attracted 14,600+ bidders from 46 international locations to compete for 8,300+ gadgets
EDMONTON, AB, Sept. 12, 2022 /CNW/ – Ritchie Bros. newest Edmonton, AB public sale included 8,300+ tools gadgets promoting for CA$76+ million (US$58+ million) in gross transaction worth, which is a 29{7e44665ad31c7163a3225b5cdeca12ae8e1ba5a9651d05b2285576263eb8f3ac} enhance over the identical occasion final 12 months.
The three-day on-line occasion on September 7 – 9, 2022, attracted greater than 14,600 bidders from 46 international locations. Roughly 94 p.c of the tools within the unreserved public sale was offered to Canadian patrons, together with 59 p.c offered to Albertans. The remaining six p.c of the tools was offered to worldwide patrons from as distant as Colombia, India, and Eire.
“We had a variety of blissful consignors, with tools and vehicles bringing robust demand and pricing by means of all three days of the public sale,” mentioned Andrew Lutic, Regional Gross sales Supervisor, Ritchie Bros. “Main as much as the occasion our Edmonton website was busy with patrons inspecting gadgets so as to add to their fleet for upcoming tasks. For those who had been unable to get the tools they want for the winter season, we’ve got a ton of upcoming shopping for alternatives together with our subsequent massive Edmonton public sale in late October.”
Greater than 1,100 consignors offered tools within the Edmonton public sale, together with a serious realignment for Ninkovich Gravel Ltd.
“Whenever you work with Ritchie, you get an organization that is considerate, thoughtful, and all the time searching to your greatest pursuits,” mentioned Dave Ninkovich of Ninkovich Gravel Ltd. “They supplied path on methods to enhance the worth of my belongings at public sale and it labored, as we surpassed my unique expectations and hit the worth I hoped for.”
5 Massive Sellers from Edmonton:
- 2017 Komatsu D155AXI-8 dozer – CA$400,000 (US$304,040)
- 2014 Kenworth C500 Nationwide NBT45TM 45-ton straight growth truck – CA$357,500 (US$271,736)
- 2015 Caterpillar 740BEJ ejector articulated dump truck – CA$325,000 (US$247,033)
- 2014 Caterpillar 349FL hydraulic excavator – CA$265,000 (US$201,427)
- 2013 Peterbilt 367 2012 vacuum industrial on 8×6 hydro vac truck – CA$260,000 (US$197,626)
AUCTION QUICK FACTS: EDMONTON, AB (SEPTEMBER 2022)
- Gross Transaction Worth: CA$76+ million (US$58+ million)
- Objects Offered: 8,300+
- Bidders: 14,600+
- Consignors: 1,100+
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE andTSX: RBA) is a world asset administration and disposition firm, providing clients end-to-end options for purchasing and promoting used heavy tools, vehicles and different belongings. Working in quite a few sectors, together with development, transportation, agriculture, vitality, mining, and forestry, the corporate’s promoting channels embrace: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer providing dwell public sale occasions with on-line bidding; IronPlanet, a web-based market with weekly featured auctions and offering the unique IronClad Assurance® tools situation certification; Market-E, a managed market providing a number of worth and timing choices; Ritchie Checklist, a self-serve itemizing service for North America; Mascus, a number one European on-line tools itemizing service; Ritchie Bros. Personal Treaty, providing privately negotiated gross sales; and sector-specific options GovPlanet, TruckPlanet, and Ritchie Bros. Vitality. The Firm’s suite of options additionally contains Ritchie Bros. Asset Options and Rouse Providers LLC, which collectively supplies a whole end-to-end asset administration, data-driven intelligence and efficiency benchmarking system; SmartEquip, an progressive know-how platform that helps clients’ administration of the tools lifecycle and integrates elements procurement with each OEMs and sellers; plus tools financing and leasing by means of Ritchie Bros. Monetary Providers. For extra details about Ritchie Bros., go to RitchieBros.com.
Photographs and video for embedding in media tales can be found at rbauction.com/media.
SOURCE Ritchie Bros.
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