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Ritchie Bros.’ entirely online auctions continue to drive strong results for consignors around the world and the UAE. At the company’s recent auction, the world’s largest machinery and heavy equipment auctioneer sold over 1,380 items through its Dubai auction...
According to the world’s biggest machinery and heavy equipment auctioneers, India is emerging as an important buyer market for used Middle Eastern mobile cranes and heavy lifting equipment. In 2020, Ritchie Bros. Middle East experienced a gradual increase in demand...
Auctions in Europe and the Middle East see 66% increase in registrations in first half of 2020 As the COVID-19 pandemic hit and lockdowns spread, Ritchie Bros. quickly adapted to online-only auctions and has seen a sharp increase in bidder...
Ritchie Bros. supports equipment owners through the Covid-19 crisis with flexible disposition options to improve their cash flow, including advance payment options and purchasing seller assets outright. Source: Ritchie Bros. While many of us are isolating at home during the...
Last week Ritchie Bros. sold a staggering 10,700+ equipment items for CA$184+ million (US$131+ million) in its first-ever online-only auction in Edmonton, AB. The company, which has been conducting auctions in Alberta for close to six decades, has temporarily...
Ritchie Bros. Auctioneers, the world's largest industrial auctioneer, announced that Ravi Saligram, CEO and board member has informed the Board of Directors that he will step down from his positions effective October 1, 2019. The board will conduct a thoughtful,...