Ritchie Bros. Sells Record of Nearly CA$250 million in Heavy Equipment Assets and Vehicles at Biggest-Ever Premier Canada Auction Event
RB Global Inc. (RBA)
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Source: PR Newswire
Five-day Edmonton, AB, auction attracted 21,000+ bidders from 43 countries to compete for a record 14,500+ itemsWESTCHESTER, Ill. and EDMONTON, AB, May 7, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that Ritchie Bros. Auctioneers sold 14,500+ equipment items, trucks and vehicles at its premier Canada auction event in Edmonton, AB, last week. The five-day auction generated nearly CA$250 million in gross transaction value (GTV) – a new Canadian record.The April 29 – May 3, 2024, online and onsite auction attracted more than 21,000 bidders from 43 countries, with approximately 94.2% of the equipment selling to Canadians, including 63.3% purchased by Albertans. The remaining 5.8% of the equipment was purchased by international buyers from as far away as Saudi Arabia, Italy and the Netherlands."Our April-May Edmonton event once again delivered a
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