Edmonton sets records for Ritchie Bros.
December 14, 2015 By Andrew Macklin
December 14, 2015 – Ritchie Bros. sold more than 38,250 equipment items and trucks for CA$731+ million in Edmonton, AB in 2015, making it the site’s largest year ever. Approximately 55 per cent (CA$404+ million) of the equipment was sold to online buyers. Ritchie Bros. held its sixth and final Edmonton auction of 2015 December 10-12, selling more than 6,000 items for CA$98+ million.
“We would like to thank all the companies and individuals who bought and sold equipment and trucks with us in 2015—we value your trust in us to deliver results regardless of market conditions,” said Brian Glenn, Ritchie Bros.’ senior vice president (Western Canada). “This year we sold more equipment at our Edmonton site than ever before.”
The December 10-12, 2015 auction was Ritchie Bros.’ largest-ever December auction in Canada, attracting 9,150+ bidders from 46 countries, including 6,100+ online bidders. Approximately 51 per cent (CA$49+ million) of the equipment was sold to out-of-province bidders from as far away as Australia, India, and the United Kingdom. U.S. buyers purchased 13 per cent of the equipment.
Ritchie Bros. set multiple company and site records in Edmonton in 2015. Most notably, Ritchie Bros. held its largest Canadian auction ever, selling a record-breaking 7,700+ items for CA$215+ million in Edmonton (April 28 – May 1). The four-day auction attracted 14,000+ bidders from 55 countries, setting a new company record for bidder registrations, surpassing the previous company record by more than 4,500 bidders. A time lapse video of the April Edmonton auction is available under videos at rbauction.com/aboutus.
Approximately 51 per cent (CA$379+ million) of all the equipment sold in Edmonton in 2015 was sold to Alberta buyers. Out-of-country buyers purchased 13 per cent, including 11 per cent (CA$84+ million) purchased by U.S. buyers—which was an increase of four per cent over U.S. buyer participation in 2014.
December 10-12 Edmonton auction quick facts:
- Gross auction proceeds – CA$98+ million
- Amount sold to online bidders – CA$60+ million
- Total registered bidders (onsite and online) – 9,150+
- Unique registered online bidders – 6,100+
- Number of lots sold – 6,000+
- Number of sellers – 750+
2015 Edmonton auctions – Quick facts:
Six unreserved public auctions
- Total gross auction proceeds – CA$731+ million
- Amount sold to online bidders – CA$404+ million
- Total bidder registrations (onsite and online) – 59,000+
- Number of lots sold – 38,250+
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