More than 11,250 people from 64 countries registered to bid on
3,750+ items sold
FORT WORTH, Texas, July 26, 2021 /CNW/ - Ritchie Bros.' Texas team held a US$50+ million auction at
its site in Fort Worth last week.
The two-day online auction held July
20 – 21, attracted more than 11,250 people to bid on 3,750
items, resulting in strong pricing across nearly every asset
category.
Approximately 90% of the assets in the auction were sold to U.S.
buyers, including 40% to Texans, while the remaining 10% was sold
to international buyers from as far away as Egypt, Spain,
India, and New Zealand.
"We spoke to a lot of happy consignors after the auction, as we
continue to drive record-breaking demand and strong returns," said
Chuck Roberson, Regional Sales
Manager, Ritchie Bros. "For
customers unable to get what they needed in this week's auction we
have a ton more upcoming buying opportunities, including two
auctions in Houston next month and
our next Fort Worth sale in
September where we will welcome back customers for auction
day."
Mr. Roberson continued, "The pandemic has made online buying
more common, but customers have told us they miss the camaraderie
and networking of being there in person. Our auctions have always
been about more than equipment—it's also an industry event for many
of our customers."
Five Big Sellers in Fort
Worth:
- 2014 Kobelco CK1100G crawler crane – US$365,000
- 2016 Volvo L250H wheel loader – US$180,000
- 2017 John Deere 9570R 4WD tractor – US$170,000
- 2016 John Deere 460ET 6x6 articulated dump truck – US$167,500
- 2018 Caterpillar 326FL hydraulic excavator – US$150,000
AUCTION QUICK FACTS: FORT WORTH,
TX (JULY 2021)
- Gross Transaction Value (GTV): US$50+ million
- Total Registered Bidders: 11,250+
- Total Number of Lots: 3,750+
- Total Number of Consignors: 650+
About Ritchie
Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global
asset management and disposition company, offering customers
end-to-end solutions for buying and selling used heavy equipment,
trucks and other assets. Operating in a number of sectors,
including construction, transportation, agriculture, energy, oil
and gas, mining, and forestry, the company's selling channels
include: Ritchie
Bros. Auctioneers, the world's largest industrial
auctioneer offers live auction events with online bidding;
IronPlanet, an online marketplace with featured weekly auctions and
providing the exclusive IronClad Assurance® equipment condition
certification; Marketplace-E, a controlled marketplace offering
multiple price and timing options; Mascus, a leading
European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately
negotiated sales. The Company's suite of solutions also includes
Ritchie Bros. Asset Solutions and
Rouse Services LLC, which together provides a complete end-to-end
asset management, data-driven intelligence and performance
benchmarking system. Ritchie Bros.
also offers sector-specific solutions including GovPlanet,
TruckPlanet, and Kruse Energy, plus equipment financing and leasing
through Ritchie Bros. Financial
Services. For more information about Ritchie Bros., visit RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
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SOURCE Ritchie Bros.