The Ritchie Bros. five-day Edmonton, Alberta, auction attracted 21,000+ bidders from 43 countries to compete for a record 14,500+ items.
Ritchie Bros. Auctioneers sold 14,500+ equipment items, trucks, and vehicles at its auction in Edmonton, Alberta, last week. The five-day auction generated nearly CA$250 million in gross transaction value (GTV) – a new Canadian record.
The online and onsite auction attracted more than 21,000 bidders from 43 countries, with approximately 94.2 percent of the equipment selling to Canadians, including 63.3 percent purchased by Albertans. The remaining 5.8 percent 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 huge selection of equipment, including lots of late-model, low-hour gear coming off recently completed jobs and ready to go to work for new owners in the next season," said Jeff Jeter, chief revenue officer for RB Global. "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. We would like to thank our record number of more than 1,600 consignors for once again choosing Ritchie Bros. to deliver the results that they count on us to deliver.
"We also extend a huge thank you to our generous and community-minded customers, who have again bid on our VIP Parking stalls in support of the Make-A-Wish Foundation. Four companies have helped to raise $42,000 this year. Over the last seven years our customers have helped to raise $200,000 for children with critical illnesses," Jeter said.
