Nations Capital (NCI), a Gordon Brothers company and an asset management and advisory firm specializing in opportunistic investments and asset remarketing, together with Ritchie Bros. Auctioneers, have received bankruptcy court approval to serve as...
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September 18, 2024, 07:00 AM
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RB Global announced the appointment of Steve Lewis as Chief Operating Officer, effective Sept. 3, 2024. Lewis brings extensive senior leadership experience in operations and supply chain management, as well as a honed approach to driving business...
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August 29, 2024, 07:08 AM
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RB Global, Inc. announced Ritchie Bros. Auctioneers sold over 16,500 equipment items, trucks and vehicles at its Feb. 19-23 premier global auction event in Orlando, FL, generating $258+ million in gross transaction value (GTV).The premier global...
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February 28, 2024, 07:00 AM
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RB Global, Inc. announced the appointment of Jim Kessler, most recently President and Chief Operating Officer, as Chief Executive Officer. Kessler will join RB Global's Board of Directors. Megan Cash, most recently Senior Vice President, Global...
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August 03, 2023, 07:18 AM
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Ritchie Bros. conducted its largest Canadian auction of the year, selling 12,000+ equipment items and vehicles over five days, generating more than $164 million in gross transaction value. The online and onsite auction attracted more than 21,000...
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May 02, 2023, 07:18 AM
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Ritchie Bros. Auctioneers Incorporated announced it has completed its acquisition of IAA, Inc. As previously announced on Jan. 23, under the terms of the amended merger agreement, IAA shareholders will receive $12.80 per share in cash and 0.5252...
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March 21, 2023, 07:10 AM
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SmartEquip, a provider of equipment lifecycle management, service, and procurement support for the construction industry, reports over $1.4 billion in equipment parts ordered through its network each year. Founded in 2000, the company's platform...
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March 02, 2023, 07:05 AM
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Ritchie Bros. sold over 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value.The February 20-24 auction attracted over 22,600 people from over 80...
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February 28, 2023, 07:18 AM
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With its first Houston, TX site auction of the year, Ritchie Bros. attracted more than 14,500 bidders to compete for over 6,500 items, generating more than $61 million in gross transaction value.Approximately 87 percent of the equipment in the Feb....
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February 21, 2023, 07:12 AM
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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...
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January 30, 2023, 07:05 AM
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Ritchie Bros. Auctioneers Incorporated announced it has entered into a securities purchase agreement with Starboard Value LP and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity...
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January 24, 2023, 07:20 AM
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Selling equipment on your own is a lot easier with Ritchie List, which provides customers the control they want and the tools they need to sell privately for top dollar. Launched in 2021, Ritchie Bros.' first North American listings site—based on its...
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January 17, 2023, 07:10 AM
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Ritchie Bros. announced it has acquired a controlling stake in VeriTread, a transportation technology and services company. This acquisition will accelerate Ritchie Bros.' marketplace strategy, which brings services, insights and transaction...
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January 10, 2023, 07:21 AM
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Ritchie Bros. conducted its largest auction ever in the Pacific Northwest, selling over 3,700 items from five locations in one online auction and generating more than $50 million in gross transaction value.The event attracted over 8,200 bidders from...
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December 28, 2022, 07:12 AM
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Ritchie Bros. conducted its largest ever December auction in Texas, selling over $86 million of equipment and trucks for more than 800 consignors in three days.The December 13–15 Fort Worth auction attracted more than 12,600 registered bidders from...
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December 20, 2022, 07:10 AM
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The CEO of Ritchie Bros., Ann Fandozzi, was recognized by Canada's largest newspaper, The Globe & Mail, as its CEO Innovator of the Year. In its article discussing Fandozzi's recognition, the Globe & Mail outlines how she has "pushed to transform the...
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December 02, 2022, 07:15 AM
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With its November Market Trends Report, Ritchie Bros. takes a closer look at sales of earthmoving equipment in North America, including excavators, dozers, wheel loaders, skid steers and more.One of the main trends the company is seeing is the...
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November 23, 2022, 07:05 AM
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