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About the company
Ritchie Bros. Auctioneers Inc. is engaged in asset management and disposition of used industrial equipment and other durable assets. Through its unreserved auctions, online marketplaces, and private brokerage services, it sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment and other industrial assets. Its segment includes Auctions and Marketplaces (A&M) and Other. Auctions and Marketplaces segment includes its live on-site auctions, its online auctions and marketplaces, and its brokerage service. Other segment includes Ritchie Bros. Financial Services (RBFS), Mascus online services, and value-added services and make-ready activities, including the Company’s equipment refurbishment services, Asset Appraisal Services, and Ritchie Bros. Logistical Services.
- Revenue in CAD (TTM)1.78bn
- Net income in CAD228.41m
- LocationRitchie Bros Auctioneers Inc9500 Glenlyon ParkwayBURNABY V5J 0C6CanadaCAN
- Phone+1 (778) 331-5500
- Fax+1 (778) 331-5501
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|RBA:TOR since |
|Smartequip Inc||Announced||27 Sep 2021||27 Sep 2021Announced||5.27%||175.00m|
|Euro Auctions Uk Ltd||Announced||08 Aug 2021||08 Aug 2021Announced||12.86%||1.08bn|
|Rouse Services LLC||Deal completed||29 Oct 2020||29 Oct 2020Deal completed||2.99%||275.00m|