Three-day online event attracted 14,600+ bidders from 46 countries to compete for 8,300+ items
EDMONTON, AB, Sept. 12, 2022 /CNW/ - Ritchie Bros. latest Edmonton, AB auction included 8,300+ equipment items selling for CA$76+ million (US$58+ million) in gross transaction value, which is a 29% increase over the same event last year.
The three-day online event on September 7 – 9, 2022, attracted more than 14,600 bidders from 46 countries. Approximately 94 percent of the equipment in the unreserved auction was sold to Canadian buyers, including 59 percent sold to Albertans. The remaining six percent of the equipment was sold to international buyers from as far away as Colombia, India, and Ireland.
"We had a lot of happy consignors, with equipment and trucks bringing strong demand and pricing through all three days of the auction," said Andrew Lutic, Regional Sales Manager, Ritchie Bros. "Leading up to the event our Edmonton site was busy with buyers inspecting items to add to their fleet for upcoming projects. For those that were unable to get the equipment they need for the winter season, we have a ton of upcoming buying opportunities including our next big Edmonton auction in late October."
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