Ritchie Bros’ record-breaking French auction

Ritchie Bros. held a multi-million Euro, record-breaking auction at its site in St. Aubin sur Gaillon, northern France. The auction on 3 March 2015 attracted more than 1,575 on-site and online bidders from 70+ countries, which is a new record for the company’s auctions in France. More than 1,260 equipment items, tractors and trucks were sold in the one-day auction. Bidders participated in person at the auction site, online in real time at www.rbauction.com and by proxy. "Our first France auction of 2015 fea
Ritchie Bros St. Aubin sur Gaillon ecord-breaking auction
The bumper multi-million Euro, record-breaking auction at Ritchie Bros’ site in St. Aubin sur Gaillon, northern France

8033 Ritchie Bros. held a multi-million Euro, record-breaking auction at its site in St. Aubin sur Gaillon, northern France.

The auction on 3 March 2015 attracted more than 1,575 on-site and online bidders from 70+ countries, which is a new record for the company’s auctions in France. More than 1,260 equipment items, tractors and trucks were sold in the one-day auction. Bidders participated in person at the auction site, online in real time at 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000oLinkExternalwww.rbauction.comReal time online auction falsehttp://www.rbauction.com/falsefalse%> and by proxy.

"Our first France auction of 2015 featured a large number of premium quality units, which helped attract our biggest crowd ever,” said Michel Schietequatte, regional sales manager at Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer. “Both in our auction theater as well as live over the internet we saw intense bidding competition throughout the day, resulting in strong prices across all equipment categories. We also welcomed hundreds of first-time visitors, who saw the speed and global reach of Ritchie Bros. auctions first hand.”

Equipment highlights included four 2012 395 Caterpillar 773G 4x2 rock trucks, three of which sold for €400,000 each and one for €410,000; 55 articulated dump trucks, including 15 473 Volvo A40F’s which sold for up to €250,000 each; and 24 crawler tractors, including a 2011 Caterpillar D8T that sold for €325,000.

The record-breaking auction included more than 80 items from French contractor 1455 Eiffage Travaux Publics (ETP).

“Selling this many equipment items at once can be a challenge for any construction company, but it was needed for us with the absence of major projects in France at the moment,” said Xavier Barthelemy, ETP’s equipment director. “I was impressed to see such a big international crowd bidding on our equipment. With this auction, Ritchie Bros. demonstrated once more it can build a professional auction like no other in the industry, bringing in qualified buyers from all over the world and achieving the highest possible selling prices. We’re very pleased with the result of the auction.”

The Ritchie Bros. auction calendar currently features more than 130 unreserved public auctions around the world, including an auction in Lyon, France, on 16 April 2015. You can visit Ritchie Bros. website for a complete list of upcoming auctions.

From 20 – 25 April 2015, Ritchie Bros. will be exhibiting at the 432 INTERMAT 2015 tradeshow in Paris.

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