Three-day online auction attracted 11, 290+ bidders from 50+ countries to compete for 4, 980+ items
HOUSTON , Aug. 29, 2022 /PRNewswire/ – In its fourth Houston auction of the year, Ritchie Bros . sold more than 4, 980 equipment products for 675 consignors, generating US$54+ mil in gross transaction value.
“Another strong Houston public sale with a ton of customers visiting the site ahead of the event to inspect and compare items prior in order to bidding on the internet, ” said Chuck Roberson , Regional Sales Manager, Ritchie Bros . “We had a great package associated with late-model Cat equipment in this auction that drawn a lot of attention and some solid pricing, including a 2019 Caterpillar 349FL hydraulic excavator that sold for US$260, 000 plus a 2021 Cat 950GC wheel loader that people paid US$200, 000 . ”
The three-day online event on Aug 23 – 25 captivated more compared to 11, 290 bidders through 53 nations. Approximately 89 percent of the gear in the particular unreserved auction was offered to U. S. buyers, including 47 percent marketed to Texans. The remaining 11 percent associated with the equipment was sold to international buyers from as far away as Germany , Australia , and Singapore .
Mr. Roberson added, “For customers who were unable to procure products in Houston , we have more than 70, 000+ items selling in our upcoming auctions and on-line marketplaces, including a Fort Worth sale on September 20 to 22 that will feature a great selection of oil & gas-related products, with the dedicated RB Energy Day during the occasion. We also have items selling every day on Marketplace-E and weekly through IronPlanet. I encourage you in order to visit RitchieBros. com plus start searching today! inch
Five Big Sellers from Houston :
- 2000 Grove GMK6200 200-ton all-terrain crane – US$340, 000
- 2018 Cat 140M3 motor grader – US$295, 000
- 2018 Caterpillar D6T XW dozer – US$240, 500
- 2020 Vermeer D23X30III directional drill – US$225, 000
- 2016 Volvo EC160EL hydraulic excavator – US$212, 500
AUCTION QUICK FACTS: HOUSTON, TX ( AUGUST 2022 )
- Gross Transaction Value: US$54+ million
- Items Sold: four, 980+
- Bidders: eleven, 290+
- Consignors: 675
About Ritchie Bros .
Established in 1958, Ritchie Bros . (NYSE: RBA ) (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, mining, and forestry, the company’s selling channels include: Ritchie Bros . Auctioneers , the world’s largest industrial auctioneer offering live public sale events with online bidding; IronPlanet, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance ® equipment condition certification; Marketplace-E , a controlled market place offering multiple price plus timing options; Ritchie List , the self-serve listing service for North America ; Mascus , a leading European online tools listing service; Ritchie Bros . Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet , TruckPlanet, and Ritchie Bros . Energy . The Company’s suite of options 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; SmartEquip , an innovative technology platform that supports customers’ administration of the devices lifecycle and integrates parts procurement along with both OEMs and dealers; plus apparatus financing plus leasing through Ritchie Bros . Financial Services. For more information about Ritchie Bros ., visit RitchieBros. com.
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SOURCE Ritchie Bros .