Ritchie Bros. establishes U.K. auction site, first auction April 17

| Published on March 13, 2012

Ritchie Bros. Auctioneers will conduct its first unreserved public auction at its new regional auction site at Donington Park (Derby, Leicestershire) on Tuesday, April 17, 2012, the company announced publicly on March 13.

The industrial equipment auctioneer will sell a range of industrial equipment and trucks — all to the highest bidders.

Bids for the auction will be taken in person at the auction site, online in real-time at www.rbauction.com, or by proxy. More than 300 items are listed for the auction, including mini and hydraulic excavators, loader backhoes, wheel loaders, site dumpers, forklifts, rollers, and pavers.

The company says additional equipment will be added up to auction day.

“Twenty-five years ago we conducted our first European auction in Liverpool and have since seen a growing participation of buyers and sellers from the UK and Ireland at our auction sites around the world,” said Guylain Turgeon, managing director EMEA, Ritchie Bros. Auctioneers, in a written statement. “Over the years, we have continued to innovate to enhance our auction method, making it easier for people to exchange industrial and agricultural equipment. With live online and on-site bidding, the equipment seller is now closer than ever to the global market. We are excited to be opening our new auction site to further enhance our services for our U.K. customers.”
Ritchie Bros.’ first ever European auction was held in Liverpool in 1987. Equipment and trucks sold at this auction had been used to rebuild the Falklands Islands after the war. Throughout the years, Ritchie Bros. has conducted many auctions in the United Kingdom.
Today, Ritchie Bros. has 43 auction sites around the world, including six sites in Europe, where industrial auctions are frequently held. The company’s auctions are open to the public and registering to bid is free. The auctions are unreserved, which means every item is sold on auction day to the highest bidder without minimum bids or reserve prices.
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