Ritchie Bros. Auctioneers has sold more than CA$1 billion of equipment and trucks in its Canadian auctions to date in 2012—the first time the Company has achieved this mark in Canada in a single year in its 54-year history.

 “This has been a monumental year for Ritchie Bros. in Canada—not only have we sold more than CA$1 billion of equipment in Canada alone in 2012, but also we held our largest Canadian auction in Edmonton, AB last April as well as our largest auctions in Saskatchewan and Quebec earlier this month,” said Kevin Tink, Senior Vice President, Sales, Ritchie Bros. Auctioneers. “None of these records could have been achieved without the thousands of equipment buyers and sellers that participate in our Canadian auctions from across the country and around the globe. For example, we sold more than CA$60 million of equipment at our Edmonton auction last week for more than 550 sellers and attracted more than 4,700 bidders from 42 countries. As an example of our global reach, one lot, in particular, had bids from all over the world, including: Russia, South Africa, Sweden, California, Pennsylvania, Quebec and Alberta. It’s this ability to attract a global audience that allows us to achieve true market value for all the equipment we sell in Canada and at all our auctions around the world.”

Established in 1958, Ritchie Bros. Auctioneers  is the world’s largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world’s builders to easily and confidently exchange equipment. The Company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 44 auction sites worldwide.