Friday, January 19, 2018


RBA Ritchie Bros. Auctioneers Incorporated gains 16% Jan 19, 2018

Ritchie Bros. Auctioneers Incorporated, together with its subsidiaries, sells industrial equipment and other assets for the construction, agriculture, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces. The company operates a network of auction locations that conduct live and unreserved auctions with on-site and online bidding. It also operates an online-only used equipment marketplace that facilitates the completion of sales through a settlement process. In addition, the company provides technology services, including software and technology solutions to auction companies to conduct live and online bidding; and value added services. Ritchie Bros. Auctioneers Incorporated primarily sells equipment to its customers through unreserved auctions at 45 auction sites in North America, Central America, Europe, the Middle East, Australia, New Zealand, and Asia. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

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