Ritchie Bros. Auctioneers

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Ritchie Bros. Auctioneers
Type Public (nyse:RBA) & (tsx:RBA)
Founded Kelowna, British Columbia
Headquarters Vancouver, British Columbia
Key people David Edward Ritchie, Chairman, Peter J. Blake, CEO
Industry Auctions & Industrial products distribution
Products Auctions & Industrial products distribution
Revenue image:green up.png$288.332 million CAN (2005)
Slogan Bringing you a Global Marketplace
Website www.rbauction.com

Ritchie Bros. Auctioneers (NYSE: RBA & TSX: RBA), sells, through unreserved public auctions, a broad range of used and unused industrial equipment including equipment utilized in the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries. The company has been in business for over 40 years.

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[edit] Profile

Ritchie Bros. Auctioneers conducts over 150 unreserved industrial auctions every year, and has 110 offices in 25 countries, including 32 auction sites worldwide.

Ritchie Bros. Auctioneers sells more used equipment and trucks than anyone else in the world. As a result, they know the market very well. They are able to provide information and advice to companies to help in fleet management and in the sale of surplus trucks and equipment.

The company carries out large unreserved auctions, through an international network of auction facilities.

Recognized as the world's leading auctioneer of industrial equipment, Ritchie Bros. Auctioneers conducts more than 150 auctions annually, attracting an average of over 1,300 bidders to each. Every auction is conducted completely unreserved.

[edit] Corporate governance

Current members of the board of directors of Ritchie Bros. Auctioneers are: David Edward Ritchie, Charles Edward Croft, Peter James Blake, Clifford Russell Cmolik, Eric Patel, Beverley Anne Briscoe, and Robert Waugh Murdoch.

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