Wed December 07, 2016
More Than 2,100 Bidders Participate in Ritchie Bros. Auction
More than 2,100 bidders participated online and in person at Ritchie Bros.' final Orlando auction of the year on Nov. 16. With bidders from 54 countries, approximately 59 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Germany, India and Hong Kong....
Wed November 30, 2016
Ritchie Bros. Announces Plans to Fund IronPlanet Acquisition
Ritchie Bros. Auctioneers Incorporated announced Nov. 30 that it intends to offer $500 million aggregate principal amount of senior notes (the "Notes") subject to market conditions. Ritchie Bros. intends to use the net proceeds, together with proceeds from its delayed-draw term loan and cash on hand or available under its revolving facilities, to fund the consideration payable in the previously announced acquisition of IronPlanet Holdings, Inc....
Sun November 27, 2016
Ritchie Bros. Holds Sale in Phoenix, Ariz.
More than 2,200 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Phoenix, Ariz., on Nov. 16, 2016. With bidders from 35 countries, approximately 58 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Peru, Vietnam and Hong Kong....
Mon November 21, 2016
Ritchie Bros. Acquires Canadian Auction Company
Ritchie Bros. has acquired Kramer Auctions, a leading Canadian agricultural auction company with exceptionally strong customer relationships in central Canada. This acquisition is expected to significantly strengthen Ritchie Bros.' penetration of Canada's agricultural sector and add key talent to its Canadian Ag sales and operations team....
Wed November 16, 2016
Ritchie Bros. Announces Acquisition of Kramer Auctions in Canada
Ritchie Bros. has announced that it has acquired Kramer Auctions, a leading Canadian agricultural auction company with exceptionally strong customer relationships in central Canada. This acquisition is expected to significantly strengthen Ritchie Bros.' penetration of Canada's agricultural sector and add key talent to our Canadian Ag sales and operations team....
Wed November 09, 2016
Ritchie Bros. Board Chair Named to National Association of Corporate Directors "Directorship 100"
Ritchie Bros., is announcing that Beverley Briscoe, Chair of Ritchie Bros. Board of Directors, has been named to the 2016 National Association of Corporate Directors' (NACD) Directorship 100. This award honors the most influential boardroom leaders each year....
Wed November 02, 2016
Ritchie Bros. Now Accepting Consignments for its Massive 2017 Orlando Auction
Five days, hundreds of sellers, thousands of bidders, 10,000+ items: Ritchie Bros.' annual February Orlando event is its largest U.S. auction each year, providing an unrivaled customer experience for both buyers and sellers alike....
Mon October 31, 2016
Ritchie Bros. Completes New Credit Facilities Totaling $1B
Ritchie Bros. Auctioneers has announced the closing of a new five-year credit agreement totaling US$1.0 billion with a syndicate of lenders comprising:(1) Multicurrency revolving facilities of up to US$675 Million (the "Revolving Facilities"), and,(2) A delayed-draw term loan facility of up to US$325 Million to finance the previously announced acquisition of IronPlanet....
Fri October 21, 2016
Ritchie Bros. Hosts Auction Unreserved Auction in Chicago
Close to 2,400 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Chicago, Ill., on Oct. 6. Bidders came from 41 countries, including 48 U.S....
Fri October 21, 2016
IAAP Golf Event Brings Aggregate Industry Together
A beautiful day welcomed 184 golfers to the Sept. 12 golf outing held at Panther Creek Country Club and Piper Glen Golf Club in Springfield, Ill. Due to the strong support of everyone attending, this outing raised $10,080 for the IAAP Political Action Committee....
