Ritchie Bros. conducted its largest Canadian auction of the year, selling 12,000+ equipment items and vehicles over five days, generating more than $164 million in gross transaction value.
The online and onsite auction attracted more than 21,000 bidders from 50 countries, with approximately 93 percent of the equipment selling to Canadians, including 59 percent purchased by Albertans. The remaining 7 percent of the equipment was purchased by international buyers from as far away as Chile, Egypt and Romania.
"Our April Edmonton event once again delivered a huge selection of equipment with something for everyone, including lots of late-model, low-hour gear coming off recently completed jobs and ready to go to work for new owners," said Blair Gogowich, Regional Sales Manager, Ritchie Bros. "For buyers who were unable to get the equipment they were looking for, we have a ton of upcoming buying opportunities in the next few months, including our next Edmonton sale in June."
Gogowich continued, "On top of the 12,000+ equipment items, we also sold five VIP parking stalls at our site for charity, raising $72,500 for the Make-a-Wish Foundation, which will help grant wishes for seven children. This is our fifth and most successful year of running this fundraiser, raising a total of $157,650 over that time."
More than 1,400 owners sold equipment in the Edmonton auction.