Ritchie Bros.
Conducts global auctions for heavy equipment and industrial assets.
Company facts
- Founded
- 1958
- Employees
- 8,245
- Headquarters
- United States
- Type
- Public
- Listed
- NYSE: RBA
- Subsidiaries
- IAA, IronPlanet, GovPlanet, Rouse Services, SmartEquip, VeriTread, Mascus
About
Ritchie Bros. is the global leader in asset management and disposition services, offering a range of solutions and tools for buying and selling heavy equipment and other assets for over 60 years. The company operates an extensive network of auctioneers and representatives, helping clients from various industries, including construction, agriculture, transportation, and more, find the right buyers for their assets. Ritchie Bros. leverages technology and expertise to ensure the auction process is streamlined, bringing together a diverse pool of buyers from around the world. With a focus on transparency, Ritchie Bros. has developed a reputation for fair and competitive pricing. They utilize a robust online platform that allows buyers to participate in live auctions, even if they are not physically present at the auction site. This capability has expanded the reach of auctions beyond local markets, allowing sellers to tap into a global audience. Additionally, the company's commitment to customer service and support ensures that both buyers and sellers feel confident throughout the process.