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Ritchie Bros. sells $47MM of Equipment in Houston Auction

April 19, 2019, 07:05 AM
Filed Under: Auction News

At its second Houston, TX, auction of the year, Ritchie Bros. sold more than 4,400 equipment items over two days for more than $47 million.

More than 6,350 people registered to bid in the April 16 – 17 auction including 4,900 registering to participate online. U.S. buyers purchased approximately 89 percent of the equipment, including 46 percent purchased by Texas buyers, while international buyers from such countries as Australia, India, and the United Kingdom purchased 11 percent of the equipment. Online buyers purchased 62 percent of the assets.

"We continue to see record attendance at our Texas events this year with another great crowd this week in Houston—up 33 percent year over year," said Alan McVicker, Regional Sales Manager, Ritchie Bros. "Bidders were very active, competing on a great selection of equipment consigned from more than 650 owners.”

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