Construction Equipment
Ag Equipment
Roadbuilding
Dealers
Business
Technology
Tag: Ritchie Bros. Auctioneers
Dealers
Ritchie Bros. buys equipment data provider Rouse Services
Ritchie Bros. Auctioneers will acquire Rouse Services for approximately $275 million. “Rouse offers a highly complementary suite of data and service products that will continue and accelerate our evolution from an auction company to a global, trusted marketplace and provider of services,” says Ann Fandozzi, Ritchie CEO. “Rouse brings a strong reputation within the industrial equipment […]
October 30, 2020
Dealers
Ritchie: Equipment auction price trends continue moderate declines
While U.S. and Canadian used equipment values in general continue to be lower compared with the same period last year, the rate of decline remains moderate, says Ritchie Bros. in its August market trends report. In the three months ending in July, Ritchie says prices for used heavy equipment declined on whole around 2 percent, […]
August 12, 2020
Dealers
Ann Fandozzi named CEO of Ritchie Bros.
Ritchie Bros. Auctioneers has named Ann Fandozzi as its new CEO, effective Jan. 6. Fandozzi comes to Ritchie from ABRA Auto Body & Glass, a national damaged vehicle repair company, where Ritchie says she “engineered a step-change in profitability and laid the foundation for an all-new customer experience through technology.” “She brings a strong customer […]
December 26, 2019
Dealers
Ritchie Bros. promotes Jeter, adds Taylor in N. American realignment
Jeff Jeter has been promoted to president of upstream and emerging businesses while Kari Taylor is the new chief sales officer for U.S. Regions. More here.
May 1, 2019
Construction Equipment
Ritchie Bros. developing voice assistant that searches auction listings for you
Imagine talking to your Google Home device, or Alexa or Siri and saying: “Get me the historical bid prices on a low-hours Cat 320 excavator and let me know 15 minutes before the next one comes up for bid at an online auction.” While you can’t quite do that yet, Ritchie Bros. is beta testing […]
March 20, 2019
Construction Equipment
Dolan named CEO of Custom Equipment
Terry Dolan has been named the new president and CEO of Custom Equipment, manufacturer of Hy-Brid Lifts scissor lifts. Dolan previously served as president of Ritchie Bros. Auctioneers U.S. and Latin American business, executive vice president of Generac Power Systems and held leadership positions at Ingersoll Rand and Boart Longyear. He also served in marketing […]
March 20, 2019
Business
Ritchie Bros. Asset Solutions helps owners of large fleets organize, manage and dispose of used equipment
If you are managing a large fleet of equipment with a spreadsheet or other antiquated methods, you might be interested in a new offering from Richie Bros. Although best known for their auctions, Ritchie Bros is now offering RB Asset Solutions, what the CEO Ravi Saligram describes as an “end-to-end asset management and disposition solution […]
March 5, 2019
Dealers
Orlando equipment auction will be Ritchie Bros.’ largest yet
Ritchie Bros. is preparing for the start of its big Orlando auction Monday and the heavy equipment auctioneer says this will be the largest version of the annual auction yet. Company spokesman Ian Malinski says more than 12,800 trucks and pieces of equipment will be available at the auction and sold with no minimum bids […]
February 16, 2018
Dealers
IronPlanet buyers now have access to Ritchie Bros. financing
Auction giant Ritchie Bros. says its financial services are now available to customers of IronPlanet, which Ritchie bought this year. IronPlanet’s customer base can now access LeaseFlex and PurchaseFlex financing, which Ritchie Bros. Financial Services (RBFS) says offer more flexibility and convenience compared to traditional bank financing. The easier process can help buyers get quicker […]
October 20, 2017
Dealers
Ritchie Bros. Auctioneers Nov. metrics show more than 3% GAP growth
Ritchie Bros. Auctioneers’ latest monthly auction metrics show an increase of 3.1 percent in reported growth auction proceeds (GAP) for November 2016 compared to the same month last year. This figure represents and increase of $7 million. Organic GAP growth for the same period is reported at 3.6 percent, or $8 million. The organic growth […]
December 26, 2016
Dealers
Ritchie Bros. to acquire online equipment auctioneer IronPlanet for $758.5 million
Announced late Monday evening, the auction giant Ritchie Bros. is acquiring internet-based auction company IronPlanet for approximately $758.5 million. The deal is Ritchie Bros. second acquisition this month following an August 2 announcement that the company would buy New England-based Petrowsky Auctioneers for $7 million. IronPlanet burst onto the heavy equipment auction scene in 1999 […]
August 29, 2016
Dealers
Ritchie Bros. buys Petrowsky Auctioneers
Ritchie Bros. has bought Petrowsky Auctioneers for $7 million, a move it says will enhance its market position in the New England region. Petrowsky was founded nearly 40 years ago in North Franklin, Connecticut, by Sammy Piotrkowski. The company sold nearly $50 million worth of equipment and assets during 2015, most of it in the […]
August 3, 2016
Page 1 of 3
Next Page