About Us

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)

2006 XCMG QY50K

Notes

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Auction (Dec 09 - Dec 10)