The global digital marketplace for total loss, damaged, and low-value vehicles, serving insurers, dealers, fleet operators, and charitable organizations.
RB Global, Inc. (NYSE: RBA) (TSX: RBA) connects buyers and sellers of commercial assets and vehicles through marketplaces, insights, and services that support the entire asset lifecycle. Operating in 14 countries and serving customers in more than 190, RB Global's portfolio includes Ritchie Bros., IAA, Rouse, SmartEquip, and more, spanning construction, transportation, government surplus, energy, mining, and agriculture.
Wherever the equipment sits, the world can bid on it. RB Global runs a network of full-service yards across 14 countries, each staffed with on-site experts who know their regions and their equipment, layered with a digital platform reaching buyers in more than 190 countries.
RB Global's family of brands spans every asset class and every stage of the lifecycle, from heavy equipment and total-loss vehicles to market data and parts management.
The global digital marketplace for total loss, damaged, and low-value vehicles, serving insurers, dealers, fleet operators, and charitable organizations.
The world's largest marketplace for heavy equipment, trucks, and commercial assets, spanning unreserved auctions, online sales, and negotiated transactions.
Data-driven market intelligence and performance benchmarking for equipment owners, lenders, and fleet managers.
Connecting equipment owners, dealers, and OEMs for smarter parts procurement and service management.
In 1958, brothers Dave, Ken, and John Ritchie held an auction to clear surplus furniture from their store in Kelowna, British Columbia, and pay off a bank note. It worked so well that the brothers founded Ritchie Bros. Auction Galleries Ltd., the start of what would grow into the world's largest marketplace for heavy equipment.
Dave ran the company's first equipment auction in 1963. When rain threatened to shut it down, he and his brothers moved the sale under a shop's eaves and drove each piece of equipment past bidders one at a time, an improvised fix that became the "ramp-and-stage" method still used at auctions today. His insistence on unreserved auctions, where the highest bid always wins, and his belief in treating customers like friends shaped the culture that carried Ritchie Bros. from a single yard in Kelowna to a global platform serving buyers and sellers in more than 190 countries.
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