Ritchie Bros. Auctioneers Incorporated

Ritchie Bros. Auctioneers Incorporated is an asset management and disposition company founded in 1958 and headquartered in Burnaby, Canada. It specializes in selling industrial equipment and other durable assets through unreserved auctions, online marketplaces, listing services, and private brokerage services. The company offers a wide range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. It also provides live auction events with online bidding.

Ritchie Bros. Auctioneers Incorporated serves customers in the construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and other countries. In addition to its 40 auction sites worldwide, the company also has more than 80 permanent locations in 19 countries and a team of more than 4,000 employees.

Ritchie Bros. Auctioneers Incorporated has been publicly traded on the New York Stock Exchange since 1993 and is a member of the S&P 500 index. In 2019, the company reported total revenues of $1.7 billion and a net income of $248 million. It also owns IronPlanet, an online marketplace with more than 1.5 million registered users in over 200 countries. The company is committed to providing customers with the best possible service, offering innovative solutions and a wide range of equipment to meet their needs.