Ritchie Bros.

Ritchie Bros.

Machinery Manufacturing

Westchester, Illinois 135,613 followers

About us

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 multitude 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 its exclusive IronClad Assurance® equipment condition certification; MarketplaceE, an online 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 also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.

Website
http://www.rbauction.com
Industry
Machinery Manufacturing
Company size
1,001-5,000 employees
Headquarters
Westchester, Illinois
Type
Public Company
Specialties
Auctions, Transportation, Construction, Mining, Forestry, Petroleum, Marine, Real Estate, Agriculture, Finance / Remarketing, Material handling, Equipment Refurbishment, sales, data, data insights, and aggregate data

Locations

Employees at Ritchie Bros.

Updates

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    135,613 followers

    Each quarter our Rouse Services, LLC Market Trends Report gives an overview of current market insights for used equipment showing price trajectories, high demand locations, and historical comparisons of Ritchie Bros. auction data. 📈 With our April edition, we are taking a look at heavy equipment and trucking sales using the industry’s best Q1 2024 and Q1 2023 data. We dive into pricing & volume trends for most major construction, aerial, and transportation equipment categories. Stay ahead of the competition and power your business decisions with our in-depth analysis and expert commentary. Read our Market Trends Report highlights and subscribe today!

    Market Trends Report dives in Q1 2024 equipment pricing data

    Market Trends Report dives in Q1 2024 equipment pricing data

    Ritchie Bros. on LinkedIn

  • View organization page for Ritchie Bros., graphic

    135,613 followers

    The results are in - our big 5-day Edmonton auction sets a new Canadian record with over 14,500 equipment items and trucks and vehicles sold for nearly CA$250 million in gross transaction value! 🙌 “Ritchie Bros. continues to prove that we are the leading destination for buying and selling heavy equipment and transportation assets globally, with over 21,000 bidders who were active onsite, online and through our mobile app throughout the auction” says Jeff Jeter, Chief Revenue Officer for RB Global. Read more auction highlights and our customers' experience at this big Edmonton event: https://ow.ly/e9xN50RzGvn

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    135,613 followers

    After five decades in business, Randy Farrar is preparing to transition to the next chapter of his life. His Oklahoma-based pipelayer contracting company Farrar Construction will undergo a complete dispersal on May 17 in Kingfisher, OK, featuring over 30 pipelayers, 10 crawler tractors, two graders, 12 excavators, pickup welders, and various other assets available for purchase. “All the equipment is very well maintained,” says Randy. “When we would get awarded with a job, we needed to start work right away, so our equipment had to be top notch and ready to go out right away. Read more on Ritchie Hub: https://ow.ly/A9We50RyXEx

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  • View organization page for Ritchie Bros., graphic

    135,613 followers

    Mark your calendars for our Fort Worth auction on May 14-16 including 5000+ equipment and trucks from Houston, Midland, and Oklahoma City and Fort Worth. Check out a Complete Dispersal for Staben Bros. TX, and equipment from Durango Services, A Primoris Services Corp., Yellow Corp., Southland Trailer Corp, and equipment from the professionally maintained fleet of Walmart. For more info, to view inventory and register to bid visit: https://ow.ly/BCKO50RsIyl

  • View organization page for Ritchie Bros., graphic

    135,613 followers

    Day 1 of our BIG Edmonton auction - let's go 👊 Ritchie Bros.’ Premier Canada auction event in Edmonton kicks off today from April 29 to May 3. With almost 15,000 equipment items, trucks, and other assets available, it's our biggest Canadian equipment auction in history! Check out the auction schedule, view inventory and register to bid here: https://ow.ly/P86u50Rr4pC Take a look at our Top 5 equipment to look out for, consignor highlights, and what you need to know before you come to Edmonton to bid: https://ow.ly/Rtx950Rr4G7 Follow us on our social media throughout the week for updates and to check out what's selling!

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    135,613 followers

    Meet Kylie, Brooke, Trevor and Matt - your dedicated territory managers and experts in agriculture! Our team recognizes the deep personal connection people have with their farmland. We believe in being fully transparent, communicating honestly, and utilizing every available resource to support your success. This approach is fundamental to our skilled Territory Managers' strategy in Ontario and Atlantic Canada. Learn more about each of our territory managers and reach out to them today: https://ow.ly/6yP350RpAmi

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    135,613 followers

    Merle and Connie trusted Ritchie Bros. to sell their Plover Lake Ranch farmland and equipment in a big two-day auction back in March 2024. Over 2,400 registered bidders from across the globe participated in the successful auction that earned over $18.7 million. “We were looking for somebody as a selling partner who had integrity and is fun to work with,” said Merle Blair. “We found all those things in the Ritchie Bros. team.” Read more and watch the full video as the Blair family talk about their selling experience and how Ritchie Bros. helped them navigate this momentous event in their life: https://ow.ly/ZB8A50RocFc

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    135,613 followers

    For over 65 years, Ritchie Bros. has been a trusted choice for farmers selling equipment and land across Canada. Our expertise, global reach, and personal relationships ensure maximum returns for sellers. Don't just take our word for it – hear from our customers who have sold farm equipment and real estate with Ritchie Bros: https://ow.ly/JSq750Rmtr0

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  • View organization page for Ritchie Bros., graphic

    135,613 followers

    Louder for the people in the back 📢: Our BIGGEST Canadian auction ever! Ritchie Bros.’ Premier Canada auction event in Edmonton kicks off April 29 to May 3. With almost 15,000 equipment items, trucks, and other assets available, you won't want to miss this online and onsite event. Get your equipment fix and choose from assets in the pipeline industry, construction, transportation, aggregate, material handling, agriculture, industrial, construction supplies and more. Featured highlights include equipment from M & N Energy Services Ltd., Challand Pipeline Ltd. (Pipeline Division), GCS Energy Services Ltd, (Manitoba Division), Spiridon Trucking, Big Horn Crane Services Ltd., and more. For more info and to register to bid visit: https://ow.ly/boyN50RjeMA

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Funding

Ritchie Bros. 1 total round

Last Round

Post IPO equity

US$ 500.0M

See more info on crunchbase