Ritchie Bros. Sells CA$224+ Million at Premier Canadian Auction Event in Edmonton

RBA
September 19, 2025
RB Global, Inc. announced on May 9, 2025, that Ritchie Bros. Auctioneers sold over 11,000 equipment items, trucks, and vehicles at its premier Canadian auction event in Edmonton, AB. The five-day auction generated nearly CA$225 million in gross transaction value (GTV). The April 29 – May 3, 2025, online and onsite auction attracted more than 18,000 bidders from over 50 countries. Approximately 94% of the equipment sold to Canadians, with 62% purchased by Albertans, demonstrating strong regional demand. Jake Lawson, President of North American Sales for Ritchie Bros., highlighted the event's success in delivering strong buyer demand on a large selection of late-model, low-hour equipment, despite ongoing market uncertainty. The event also raised over $66,000 for charity. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.