Ritchie Bros.—where the world buys and sells heavy equipment
Ritchie Bros. is a global leader in asset management and disposition, and the world's largest industrial auctioneer. We help thousands of people around the world appraise, sell, inspect, buy, refurbish, ship and finance heavy equipment and trucks every month. With our multiple selling platforms and commitment to first-class customer service, Ritchie Bros. is trusted worldwide because we make buying and selling easy, efficient, fair, and transparent.
Who we are
- Established 1958 in Kelowna, BC, Canada
- Headquartered in Vancouver, BC, Canada
- USA head office in Lincoln, NE; European head office in Breda, the Netherlands
- 45 permanent auction sites in North America, Europe, the Middle East, Asia and Australia
- Publicly traded on NYSE and TSX: RBA
- 1,400 full-time employees worldwide
What we do
We help our customers buy and sell a wide range of used and unused equipment for:
- Construction
- Mining
- Transportation
- Agriculture
- Oil & gas
- Lifting & material handling
- Forestry & other industries
How we do it
With our global network, including 45 permanent auction sites around the world and operations in 19 countries, Ritchie Bros. sells billions of dollars of heavy equipment and trucks each year via our multiple selling platforms including:
- Ritchie Bros. Auctioneers
Live unreserved public auctions with on-site and online bidding at 45 permanent auction sites & temporary locations
- Ritchie Bros. EquipmentOne
Secure online public equipment auctions where people can list items for sale or place bids at any time - Ritchie Bros. Private Treaty
Confidential negotiated sales for high value equipment - SalvageSale
A platform designed for selling salvage and insurance assets via online sealed-bid auctions at SalvageSale.com
How much we sell
Worldwide in 2016:
- US$4.33 billion in total sales of assets
- US$2.1 billion in online sales
- 399,000 equipment items and trucks sold
- 356 unreserved public auctions
At an average industrial auction in 2016:
- 1,710 lots
- 225 sellers
- 2,350 on-site and online bidders
- US $16.8 million of equipment sold
Value-added services
Ritchie Bros. also offers a range of convenient services to make buying and selling even easier including shipping, insurance, warranties, refurbishing, and financing & leasing (through Ritchie Bros. Financial Services).
- Financing & leasing (through Ritchie Bros. Financial Services)
- Shipping
- Insurance
- Warranties
- Refurbishing
- Free auction results with an rbauction.com account
- Free equipment specifications (RitchieSpecs)
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