Benzinga | May 10, 2021 07:13AM EDT

Ritchie Bros. Sells CA$197M Of Equipment In Massive Six-Day Edmonton Auction

Ritchie Bros.' operational prowess and online expertise were on full display last week in Alberta, as the company sold a record-setting 13,600+ items over six days for CA$197+ million (US$162+ million). The May 3 -- 8, 2021 auction attracted 28,700+ online bidders from 70+ countries--surpassing the previous company record, set in Edmonton last May, by 22 percent.



EDMONTON, May 10, 2021 "Auction after auction we continue to drive record demand, and our Edmonton event proved that if you have equipment to sell, we have lots of eager buyers waiting," said Trent Vandenberghe, Regional Sales Manger, Ritchie Bros. "We saw particularly strong pricing last week in Edmonton for earthmoving equipment, with skid steers, multi-terrain loaders, excavators, motor scrapers, and dozers leading the way. It's a seller's market right now and we have a ton of great consignment options available, with hybrid onsite/online auctions, weekly online featured events, and Marketplace-E."