Ritchie Bros. moves into agricultural, real estate markets

Ritchie Bros. Auctioneers, which auctions industrial equipment, has acquired Dennis Biliske Auctioneers, a North Dakota-based auctioneer of agricultural equipment and real estate. Ritchie Bros. says the acquisition is part of an initiative to further establish its presence in the agricultural equipment and land auction markets.

“The addition of Dennis Biliske and his team to the Ritchie Bros. organization is an important venture into the very large and fragmented U.S. agricultural equipment and real estate auction markets,” said Peter Blake, chief executive of Ritchie Bros. “Dennis has always had a customer-focused business, which is an excellent fit with our organization.”