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Ritchie Bros. Sells $159MM of Heavy Equipment Assets and Vehicles at Premier Canadian Auction Event

May 12, 2025, 06:50 AM
Filed Under: Auction News

RB Global, a global marketplace for insights, services and transaction solutions for commercial assets and vehicles, announced Ritchie Bros. Auctioneers sold 11,000+ equipment items, trucks and vehicles at its premier Canadian auction event in Edmonton, AB, last week. The five-day auction generated nearly CA$225 million in gross transaction value (GTV), or roughly $159 million in U.S. dollars.

The April 29 – May 3, 2025, online and onsite auction attracted more than 18,000 bidders from more than 50 countries, with approximately 94% of the equipment selling to Canadians, including 62% purchased by Albertans. The remaining 6% of the equipment was purchased by international buyers from as far away as Saudi Arabia, Egypt, Peru and the Netherlands.

“This year’s April-May event in Edmonton was once again embraced by our many trusted consignors and buyers as the premier event in Canada to buy and sell heavy equipment. In the face of ongoing market uncertainty, Ritchie Bros. once again delivered strong buyer demand on a huge selection of late-model, low-hour equipment," said Jake Lawson, President of North American Sales for Ritchie Bros. "It is with tremendous pride that we get to host this event every year and we would like to thank the 1,700+ consignors and 4,300+ buyers that contributed to making the 2025 version of it a success.

"We would also like to recognize the generosity of our customers that contributed to raising over $66,000 for charity at our annual customer appreciation event hosted in conjunction with this auction. Together, in the last eight years we have raised $232,000 for the Make-A-Wish Foundation. This year we also proudly raised $33,000 for the Leduc and District Food Bank and Holiday Hampers."

Ritchie Bros. has more than 80,000 equipment items and trucks in its upcoming auctions and online marketplaces, including 4,800+ items selling in an Ontario Regional Event on May 21–23; 2,900+ items selling in a Quebec Regional Event May 27–29; 1,500+ items selling in an Atlantic Regional Event on May 30; and 1,200+ items selling in a BC Regional Event June 3–4. The next large sale in Edmonton will be June 23–25, with 1,600+ items already listed on the auction site. For a complete list of upcoming auctions and events, including weekly IronPlanet auctions and Marketplace-E events, visit rbauction.com/auctions.







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