Ritchie Bros. entered into an agreement with EMECO to provide services to disperse surplus mining equipment through auctions on Marketplace-E and IronPlanet.
PowerChina Trade Solution Group Ltd signed a multi-year agreement with Ritchie Bros in early September 2018 to sell surplus equipment from completed PowerChina projects and other Chinese state-owned enterprises through Ritchie Bros sales channels.
Ritchie Bros. and Caterpillar launched a strategic alliance, making Ritchie Bros. Caterpillar's preferred global partner for live onsite and online auctions for used Cat equipment. The alliance has an initial five-year term.
Ritchie Bros. received U.S. Department of Justice approval to complete its $758.8 million acquisition of online auctioneer IronPlanet.
Ritchie Bros., the world's largest industrial auctioneer, acquired Kramer Auctions, a leading Canadian agricultural auction company. The acquisition strengthens Ritchie Bros.' presence in Canada's prairie provinces and agricultural sector.