Ritchie Bros. to Hold Grand Opening Auction in Donington Park, UK

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Ritchie Bros. Auctioneers

21 Aug, 2012, 10:09 GMT

CASTLE DONINGTON, England, August 21, 2012 /PRNewswire/ --

Unreserved public auction features hundreds of agricultural and plant equipment items

Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will celebrate the Grand Opening of its Donington Park, UK auction site with an unreserved public equipment auction on September 18, 2012. A ribbon-cutting ceremony will take place on the morning of the auction to officially mark the opening of the Company's new UK auction site. The auction, which starts at 9 a.m., features a range of heavy plant equipment, tractors, trucks and items used in the construction, agriculture, material handling and other industries. All items will be sold to the highest bidders without minimum bids or reserve prices-bids can be made in person at the auction site, online in real time at http://www.rbauction.com or by proxy.

Guylain Turgeon, Managing Director EMEA, Ritchie Bros. Auctioneers: "At Ritchie Bros., we've welcomed customers from the UK at our auctions since the early days and have seen a steady stream of buyers and sellers coming to us over the last few decades. The UK has always been an important market for us and we're excited to have established a centrally-located site where several auctions can be held throughout the year. Situated next to East Midlands Airport, our Donington Park site has excellent accessibility for our travelling customers, as well as direct access to main transport routes. We look forward to welcoming bidders from around the world to Donington Park."

On April 17th, Ritchie Bros. held its first auction in Donington Park, which attracted 620 online and on-site bidders from close to 50 countries. More than 670 plant equipment items and trucks were sold to the highest bidders during the one-day auction, with close to 60 percent of the equipment being sold to bidders from outside the UK.

More than 270 items are currently listed for the September grand opening auction with more items to be added in the coming weeks. People interested in selling equipment, trucks or tractors in the auction should contact Ritchie Bros. at +44.132.7311223.

Auction details:

  • Location: Ritchie Bros.' Donington Park auction site at Castle Donington, Donington, DE74 2RP, UK
  • Auction site phone: +44.132.7311223
  • Time and date: Tuesday September 18, 2012, starting at 9:00 a.m. (local time)
  • Auction currency: Pounds Sterling
  • Every Ritchie Bros. auction is open to the public; registration to bid is free; a refundable bid deposit may be required
  • How to register and bid:
    • In person at the auction site
    • Online at rbauction.com - register in advance and bid online in real time on auction day; a refundable bid deposit may be required; first-time online bidders should register several days in advance of the auction
    • By proxy - phone the auction site to place a proxy bid
  • Detailed equipment information and hi-res photos are available at http://www.rbauction.com
  • A video of Ritchie Bros.' first auction in Donington Park in April is available here: http://www.rbauction.com/media/photos-and-videos/videos/donington-park-uk-auction

About Ritchie Bros.

Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world's builders to easily and confidently exchange equipment. The Company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 44 auction sites worldwide. The Company maintains a web site at http://www.rbauction.com and sponsors an equipment wiki at http://www.RitchieWiki.com.

ATTENTION MEDIA:

  • The ribbon-cutting ceremony will be taking place at approximately 11 a.m. Photo opportunity available during the ceremony, Company executives are available for interviews
  • A video of Ritchie Bros.' first auction in Donington Park in April is available here: http://www.rbauction.com/media/photos-and-videos/videos/donington-park-uk-auction
  • Members of the public and the media can follow us on Twitter @RitchieBros