Ritchie Bros. Auctioneers at a glance.

Ritchie Bros. is the world's largest industrial auctioneer. From humble beginnings we've grown to serve equipment buyers and sellers all over the world. How? By staying focused on great customer service and our commitment to unreserved public auctions.

Who we are

• The world's largest industrial auctioneer
• Established 1958 in Kelowna, BC, Canada
• More than 1,400 full-time employees worldwide
• Solution provided by Ritchie Bros. (NYSE and TSX: RBA), the world's largest seller of used equipment

What we do

We conduct live, unreserved public auctions with both on-site and online bidding, selling a wide range of used and unused equipment for:

• Construction
• Mining
• Transportation
• Agriculture
• Oil & gas
• Lifting & material handling
• Forestry & other industries

How we do it

Every Ritchie Bros. auction is unreserved. That means there are no minimum bids or reserve prices; every item is sold to the highest bidder on auction day. And we forbid owners from bidding on their own items. That means there's no artificial price manipulation at our auctions – buyers set the prices, not sellers.

How much we sell

Worldwide in 2012:

• 328 auctions
• 389,500+ bidder registrations
• 99,250+ buyers
• 42,000+ consignments
• 287,000+ items
• US$3.9B+ of equipment

At an average industrial auction in 2012:

• 1300 lots
• 190 sellers
• 1,760 on-site and online bidders
• US$16.5 million of equipment

Online at rbauction.com in 2012:

• 5.5 million unique visitors
• 30,000-50,000 site visitors on an average day
• US$1.3 billion of equipment sold
• Approx. 60% of bidders at an average industrial auction bid online

Where we operate

• Headquartered in Vancouver, BC, Canada
• USA head office in Lincoln, NE; European head office in Breda, the Netherlands
• More than 40 auction sites in North America, Europe, the Middle East, Asia and Australia
• Online at rbauction.com, our 21-language website