Ritchie Bros. eases cash flow for equipment owners

Heavy equipment auctioneer Ritchie Bros. is supporting 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. Ritchie Bros.

Ritchie Bros. eases cash flow for equipment owners

Ritchie Bros. is supporting equipment owners through the COVID-19 crisis with flexible disposition options to improve their cash flow

Selling mining equipment to a global buyer base

With the end of the year approaching, Ritchie Bros. is gearing up for its last Dubai equipment auction of 2019.

Equipment companies exhibiting at bauma CONEXPO INDIA 2018 speak!

We offer much more than just the live auctions

Ritchie Bros is one of the largest equipment platforms worldwide, transacting hundreds of thousands of items each year. Eduard Faig, Regional Sales Manager, Middle East, Africa and Asia Subcontinent, Ritchie Bros elaborates on the company's presence in the global market and its future plans for India.

Sell where people buy

There is a saying in the industry that 'if a machine isn't making money, it is only costing money'. Equipment often needs to be turned into cash first before returns can be used to make other investments.

Ritchie Bros. launches IronPlanet in UAE

Heavy equipment auction expert Ritchie Bros. is about to raise its stake in the United Arab Emirates (UAE) with the introduction of its new online-only brand: IronPlanet. Complementing Ritchie Bros.? onsite auctions, IronPlanet is an online-only marketplace, offering new benefits to customers, including selling without transporting items to a centralised location and the ability to sell items for a fixed price, negotiate offers or set a reserve.

Ritchie Bros. and IronPlanet secure clearance for acquisition

Ritchie Bros., the world's largest heavy equipment auctioneer and provider of end-to-end services announced the receipt of unconditional antitrust clearance from the US Department of Justice for the proposed acquisition of IronPlanet, a leading online marketplace for heavy equipment and other durable assets.

Ritchie Bros gears up for Orlando auction

Ritchie Bros has set February 20-24 as the dates for the annual Orlando, USA equipment auction. In 2016, the company sent more than 130,000 brochures and 1.1 million emails promoting the auction, resulting in record-breaking attendance at the Orlando, Florida, event of more than 9,850 people from 79 countries registered to bid on the 10,700-plus items sold.

Celebrating 20 Years of Auction in Dubai

Heavy equipment auctioneer Ritchie Bros. celebrated its 20th year anniversary in Dubai during a two-day auction at its site in the Jebel Ali Freezone. The auction featured more than 1,600 equipment items and trucks, including excavators, wheel loaders, dozers, trucks and mobile cranes.

Ritchie Bros gears up for Orlando auction

Ritchie Bros has set February 20-24 as the dates for the annual Orlando, USA equipment auction. In 2016, the company sent more than 130,000 brochures and 1.1 million emails promoting the auction, resulting in record-breaking attendance at the Orlando, Florida, event of more than 9,850 people from 79 countries registered to bid on the 10,700-plus items sold.

Equipment buyers, whether small or large businesses, are making a bee line for quality and cost-effective equipment

Ritchie Bros is eager to help people in India sell and buy the equipment they need through the efficient and powerful channels we offer. Eduard Faig, Regional Sales Manager - Middle East, Africa and India, Ritchie Brothers, UAE, shares more on the company?s activities and industry focus.

Ritchie Bros. celebrates 20 years of auctions in Dubai

In the past two decades, more than 120,000 items have been sold at Ritchie Bros.? auctions in Dubai. The company will celebrate its 20th anniversary in the UAE with a Dubai auction on December 13 and 14, 2016

Ritchie Bros acquires IronPlanet

Ritchie Bros has acquired IronPlanet, the online used equipment and auction marketplace. Founded in 1999

Ritchie Bros acquires IronPlanet

The leading construction equipment auctioneer, Ritchie Bros has acquired IronPlanet, the online used equipment and auction marketplace. Founded in 1999, the US-based IronPlanet sells machinery primarily through online platforms, with weekly online auctions.

Ritchie Bros acquires Mascus

Ritchie Bros Auctioneers Incorporated has acquired Mascus International Holding BV, a global online equipment listing service.

Ritchie Bros? online marketplace

Ritchie Bros has launched the first phase of its new online used equipment market place, EquipmentOne. The offering, which uses an e-commerce platform developed by AssetNation, the online business acquired by Ritchie Bros last year, will help the company reach customers who do not want to sell equipment through unreserved auctions. XCMG mfg unit in Brazi The opening ceremony of the XCMG Brazil manufacturing base was held in Pouso Alegre, Minas Gerais in December 2012.

$3.9 bn worth sales for Ritchie Bros in 2012

Auctioneer Ritchie Bros said it sold $3.9 billion worth of equipment this year during 328 auctions around the world, a five per cent increase in sales compared to 2011. The company said auction proceeds for 2012 were the highest in its history, with $1 billion in auction sales recorded in the fourth quarter alone. Sales to online bidders also represented a larger slice of the total; Ritchie Bros sold $1.3 billion of equipment to online bidders this year, up 18 per cent year-on-year and the highe

Ritchie plans first China auction

Ritchie Bros Auctioneers, announced that it will be holding its first unreserved public auction in China during Spring 2013. Although relatively new to the Chinese heavy equipment market, unreserved industrial auctions have been a quick and easy method for equipment buyers and sellers to conduct business on a global scale. And for more than 50 years now, the Canada-based company has been helping the world?s builders to easily and confidently exchange equipment at its auction sites all over the w

Record sales for Ritchie Bros

Ritchie Bros Auctioneers sold approximately $3.9 billion of equipment at 328 unreserved auctions globally in 2012. The $3.9 billion represents a 5-per cent increase in gross auction proceeds over 2011, and the highest gross auction proceeds in company history.

Sameer Malhotra, CEO Shriram Automall

Shriram Automall India, a subsidiary of Shriram Transport Finance announced the appointment of Sameer Malhotra as Chief Executive Officer.

Gateway to global market

Ritchie Bros sells more than 2,300 construction equipment at an auction held in Dubai recently.

Pricing becomes illogical because of the competition

?The increase in off-take has been met without much trouble. As such, there is no demand-supply gap and the market has been growing,? says Sumit Mukerjee, Vice-President, Magma Fincorp, while sharing his views with Equipment India.